Please show step by step. Need to learn for test.

Famous Albert prides himself on being the Cookie King of the West. Small, freshly baked cook$$ ies are the specialty of his shop. Famous Albert has asked for help to determine the number of cookies he should make each day. From an analysis of past demand, he estimates demand for cookies as

$9,60015750162,0001711,000188001915\mathrm{.}00020$

DEMAND

l$\mathrm{.}800$ dozen

$2,000$

$2,200$

$2,400$

$2,600$

$2,800$

PROBABILITY OF DEMAND

$0\mathrm{.}05$

$0,10$

$0\mathrm{.}20$

$0\mathrm{.}30$

$020$

$0\mathrm{.}10$

a$.$

What would you recommend Taylor do to cut back its labor cost? $($Illustrate using an ABC plan.$)$

b$.$ Item$15$iscriticaltocontinuedoperations.Howwouldyourecommenditbeclassified? $16$

Gentle Ben's Bar and Restaurant uses $5,000$ quart bottles of an imported wine each year. The effervescent wine costs $$3$ per bottle and is served only in whole bottles because it loses its bubbles quickly. Ben figur that it co ts$ IO c ch lime :rn order i placed and holding costs are $20$ percent of the purcha.$$e price. Lt takes three weeks for an order to arrive. Weekly demand is $10()$ bottles $($closed two.$$eweeki$.$n$$ penr yeur$)$ with ll $$rnndnrd deviation of $30$ bottles.

Ben would like t u au ve tory system U$1$at nuDirnizes inventory cosl and will provide ti $95$ percent service probability.

a$.$ What is the economic quantity for Ben to order?

b$.$ Atwhatinventorylevelshouldheplaceanorder?

$17$

Retailers Warehouse $($RW$)$ is an independent supplier of household items to department stores. RW attempts to stock enough items for a $98$ percent service probability.

$3\mathrm{.}000$

$0,05$

Each dozen sells for $$0\mathrm{.}69$ and costs $$0\mathrm{.}49,$ which includes han ling and transportation d$.$ Cookies that are not sold at the end of the day are reduced to $$0\mathrm{.}29$ and sold the following day as day$-$old merchandise.

a$.$ Construct a table showing the profits or losses for each possible quantity.

b$.$ What is the optimal number of cookies to make?

c$.$ Solve this problem by using marginal analysis. $21$ Famous Albert prides himself on being the Cookie King of the West. Small, freshly baked cookies are the specialty of his shop. Famous Albert has asked for help to determine the number of cookies he should make each day. From an analysis of past demand, he estimates demand for cookies as

Each dozen sells for $\backslash (\backslash$$ $0\mathrm{.}69\backslash )$ and costs $\backslash (\backslash$$ $0\mathrm{.}49\backslash ),$ which includes handling and transportation. Cookies that are not sold at the end of the day are reduced to $\backslash (\backslash$$ $0\mathrm{.}29\backslash )$ and sold the following day as day$-$old merchandise.

a$.$ Construct a table showing the profits or losses for each possible quantity.

b$.$ What is the optimal number of cookies to make?

c$.$ Solve this problem by using marginal analysis.