Question: If Teddy Bower orders 2 , 5 0 0 parkas, what is expected leftover inventory? Use Table 1 3 . 4 and the round -
If Teddy Bower orders parkas, what is expected leftover inventory? Use Table and the roundup rule. Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $ each from its Asian supplier, TeddySports. Unfortunately, at the time of the order placement, demand is still uncertain: Teddy Bower forecasts that its demand is normally distributed with a mean of and a standard deviation of Teddy Bower sells these parkas at $ each. Unsold parkas have little salvage value; Teddy Bower simply gives them away to a charity and also doesnt collect a tax benefit for the donation Use Table
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