Question: PA 1 3 - 5 ( Algo ) Teddy Bower is an outdoor clothing and accessories chain... Teddy Bower is an outdoor clothing and accessories

PA 13-5(Algo) Teddy Bower is an outdoor clothing and accessories chain...
Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $11 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 2,200 and a standard deviation of 1,300. Teddy Bower sells these parkas at $24 each. Unsold parkas have little salvage value; Teddy Bower simply gives them away to a charity (and also doesn't collect a tax benefit for the donation). Use Table 13.4.
Note: Do not round intermediate calculations. If a part of the question specifies whether to use Table 13.4, or to use Excel, then credit for a correct answer will depend on using the specified method.
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 PA 13-5(Algo) Teddy Bower is an outdoor clothing and accessories chain...

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