$$Each dozen sells for $$10\mathrm{.}00$ and costs $$7\mathrm{.}00$ to produce, market, and ship. $$Cookiesthat gounsold after one day are sold the next day for $$4\mathrm{.}00$ per dozen.

$1.$

Find the optimal stocking level based on marginal analysis $($i$.$e$.,$ use the "News Vendor" approachdiscussedni class$).$Assumetheaveragedailydemand$($H$)$is$2400$cookies&andthe daily standard deviation $($o$)$ is $200$ cookies.