Question: Flag question: Question 3 Question 3 0 . 2 pts A tour operator sees demand for their trips with mean of 1 0 0 and

Flag question: Question 3
Question 30.2 pts
A tour operator sees demand for their trips with mean of 100 and stdev of 20. They have to book tickets in advance for their trips which they then turn around and sell to their clients. Their profit margin is 500 dollars on each trip that is sold, and if they dont sell a ticket to their client, they have to sell it back at a discount of 200 dollars. What is the optimal service level they should target for their clients?
Group of answer choices
29 percent
33 percent
54 percent
71 percent
Flag question: Question 4
Question 40.2 pts
A tour operator sees demand for their trips with mean of 100 and stdev of 20. They have to book tickets in advance for their trips which they then turn around and sell to their clients. Their profit margin is 500 dollars on each trip that is sold, and if they dont sell a ticket to their client, they have to sell it back at a discount of 200 dollars. What is the optimal safety stock?
Group of answer choices
8 tickets
11 tickets
14 tickets
20 tickets
Flag question: Question 5
Question 50.2 pts
A tour operator sees demand for their trips with mean of 100 and stdev of 20. They have to book tickets in advance for their trips which they then turn around and sell to their clients. Their profit margin is 500 dollars on each trip that is sold, and if they dont sell a ticket to their client, they have to sell it back at a discount of 200 dollars. What is the optimal number of tickets to reserve for their clients?
Group of answer choices
108 tickets
111 tickets
114 tickets
89 tickets

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