Question: please answer the complete question clearly need asap CPG Bagels starts the day with a large production run of bagels. Throughout the morning additional bagels
please answer the complete question clearly
CPG Bagels starts the day with a large production run of bagels. Throughout the morning additional bagels are produced as needed. The last bake is completed at 3 pm, and the store closes at 8 pm. It costs approximately $1.25 in materials and labor to make a bagel. The price of a fresh bagel is $2.25. Bagels not sold by the end of the previous day are sold the next day as "day-old" bagels for $0.5 each. The store manager predicts that demand for the bagels from 3 pm until closing is normally distributed with mean 150 and standard deviation 10. CPG Bagels uses the Newsvendor model to manage the inventory of bagels. 1. overage cost Co - $ underage cost $ 2. The critical ratio = %. % Report the answer WITHOUT the percentage sign and keep ONE decimal in your answer. For example, if your answer is 0.9232 (92.32%), report 92.3 in your answer. 3. The optimal newsvendor order quantity bagels. (Round UP your answer to the nearest integer)
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