An inventory manager at Gap, Inc. is trying to determine how many units of a new tank

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An inventory manager at Gap, Inc. is trying to determine how many units of a new tank top to stock for the coming season. The demand for this product is forecasted to be normally distributed with mean

10, 000

units and standard deviation

3000

units. The product costs $

22

and sells for $

40 .

Excess units are sent to an outlet store where they can be sold for $

15

a piece. How many units of the tank top should the inventory manager buy?

Posted Date: May 15, 2024 04:05 AM

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An inventory manager at Gap, Inc. is trying to determine how many units of a new tank

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