Question: Question 2 : Find order quantity using Single Period Model. Lambton College usually sells 1 2 0 copies of the Operations Management book each semester.

Question 2: Find order quantity using Single Period Model.
Lambton College usually sells 120 copies of the Operations Management book each semester.
Chris believes the sale of the book is normally distributed, with a standard deviation of 15 books. Lambton pays 70 cents for each book, which sells for $1.25. The publisher gives Lambton a 30-cent credit for each unsold book at the end of the semester.
Determine how many books Lambton should order each semester. Create the solution in excel

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