Question: Chapter 11 TIMEWUTNILON UUS & Shemy lower is trying to figure out how many custom books to order for her class of 25 students. In

Chapter 11 TIMEWUTNILON UUS & Shemy lower is trying to figure out how many custom books to order for her class of 25 students. In the past, the number of students buying books has shown the following demand pattern NUMBER OF STUDENTS WHO BOUGHT A BOOK PERCENTAGE OF OBSERVATIONS 16 or fewer 15 65 * Suppose with custom book cools Shery 512 to print and she sells the books to the students for $50 each. Excess books must be scrapped What is the target service level? What is the target stocking port? Suppose printing colors to $22. Recall the new target service level and target stocking point What happens

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\begin{tabular}{cc} \hline NumberofStudentsWhoBoughtaBook & PercentageofObservations \\ \hline 16 or fewer & 0% \\ 17 & 3% \\ 18 & 11% \\ 19 & 16% \\ 20 & 17% \\ 21 & 41% \\ 22 & 6% \\ 23 & 4% \\ 24...

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