Consider a newsvendor problem where demand is expected to be normally distributed with a mean of

$40004000$

units and a standard deviation of

$400400$

units. This is a$$ high$-$margin monopoly$$ item, with a variable production cost of

$$$$6161$

per unit and a sales price of

$$$$195195$

per unit. In$$ addition, the producer must pay

$$$$55$

to discard any unsold units. How many units should be$$ produced?

$$a$)$ u$=$

$$$enter your response here$/$unit$.$

$$b$)$ o$=$

$$$enter your response here$/$unit$.$

$$c$)$ Z$-$value$=$

enter your response here

$($round your response to two decimal

$$places$).$

$$d$)$ The production quantity should be

enter your response here

units $($round your response to the nearest

$$integer$).$