Question: QUESTION 3 10 points Save Answer A retailer sells a certain brand's male coats during the winter season. The retailer buys from the wholesaler at

QUESTION 3 10 points Save Answer A retailer sells

QUESTION 3 10 points Save Answer A retailer sells a certain brand's male coats during the winter season. The retailer buys from the wholesaler at a wholesale price $80 per coat, and he sells at in-season retail price $200 per coat. At the end of the season the retailer gives away leftover coats to open space for new season's inventory. What is the best service level for the retailer? QUESTION 4 10 points Save Answer How many coats should retailer order to maximize his profits if the in-season demand for the coats is normally distributed with mean 500 and standard deviation 50? QUESTION 5 10 points Save Answer Now, consider the wholesaler that the retailer buys from. For the wholesaler, each coat costs $40 and sells to retailer at the wholesale price given above. What is the best service level maximizing the total profit of wholesaler and retailer

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