Please use inventory control$-$continuous approach: YB Sporting Apparel prints up novelty T$-$shirts commemorating major sports events $($e$.$g$.,$

the Super Bowl, the World Series, Northwestern University winning the NCAA Basketball

Tournament$).$ The T$-$shirts cost $$5$ to make and distribute and sell for $$20.$ Company policy

is to dispose of any excess inventory after the event by discounting the T$-$shirts by $80$

percent, that is$,$ sell them for $$4.$ In $1994,$ YB printed shirts for the World Cup soccer

playoffs in Chicago. It estimated demand at $12,000$ shirts, with a significant amount of

uncertainty. Because of this uncertainty, YB printed only $10,000$ shirts. What do you think of

this decision? What quantity would you have recommended printing?