Question: Demand for devil's food whipped-cream layer cake at a local party ship can be approximated using a passion distribution with a mean of 3.8 per

Demand for devil's food whipped-cream layer cakeDemand for devil's food whipped-cream layer cake at a local party ship can be approximated using a passion distribution with a mean of 3.8 per day. The manager estimates it costs 14 to prepare each cake. Fresh cakes sell for $17. Day-old cake sells for $14 each. Use Table C A. Assume one-half of the day-old cakes are sold, and the rest thrown out. What service level is achieved in this situation? B. What stocking level is appropriate to achieve this service level?

Table C (concluded) ulx 1 4 6 7 8 8 9 10 11 12 13 14 15 16 17 18 19 20 1.000 1.000 3.0 3.2 3.4 3.6 3.8 1.000 1.000 1.000 5.0 5.2 5.4 5.6 6.2 6.4 6.6 1.000 1.000 1.000 .999 8.2 8.4 8,6

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