Question: Ordering Mickey Mouse sweaters for Disney on Ice show. Demand forecast: 200 sweaters, standard deviation = 60 Cost of sweater: $10 Sales price: $40 Salvage
Ordering Mickey Mouse sweaters for "Disney on Ice" show. Demand forecast: 200 sweaters, standard deviation = 60 Cost of sweater: $10 Sales price: $40 Salvage value: $7 How many sweaters should you order before the show?
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