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 of
Demand for devil's food whippedcream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of per day. The manager estimates it costs $ to prepare each cake. Fresh cakes sell for $ Dayold cakes sell for $ each. Use Table C
a Assume onehalf of the dayold cakes are sold, and the rest thrown out. What service level is achieved in this situation? Round your answer to decimal places.
Service level
a What stocking level is appropriate to achieve this service level?
Stocking level
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