Question: Demand for devil s food whipped - cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean

Demand for devils food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of 3.4 per day. The manager estimates it costs $12 to prepare each cake. Fresh cakes sell for $15. Day-old cakes sell for $12 each. Use Table C.
a-1. Assume one-half of the day-old cakes are sold, and the rest thrown out. What service level is achieved in this situation?
Note: Round your answer to 2 decimal places.

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