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

Without doing any calculations, how many sweaters should you order before the show?

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