Question: Problem 727309 Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As

Problem 727309 Do not include anything other than
Problem 727309 Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. A supermarket bakery must decide how many birthday cakes to prepare for the upcoming weekend Cakes cost $34 cach to make and they sell for $65 each. Unsold cakes are sold at $17 on Monday, and typically all the remaining cakes are sold at that price on Monday. Demand is normally distributed with the mean of 176 and standard deviation of 352 Determine the following: Cost of Shortage 1 Cost of Excess (Ce) What is the optimal service level What is the corresponding a value? What is the optimal number of birthday cakes to make for the weekend

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