Question: Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule

Do not include anything other than numbers in

Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. A supermarket bakery must decide how many birthday cakes to prepare for the upcoming weekend. Cakes cost $59 each to make, and they sell for $85 each. Unsold cakes are sold at $29.5 on Monday, and typically all the remaining cakes are sold at that price on Monday. Demand is normally distributed with the mean of 123 and standard deviation of 24.6. Determine the followings: Cost of Shortage (Cs): Cost of Excess (Ce): What is the optimal service level? What is the corresponding z value? What is the optimal number of birthday cakes to make for the weekend

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