Question $5$

If a customer cannot buy the jersey from LCF $($in the case of a stock$-$out$),$ they may leave the store disappointed and use other channels $($such as

Puma stores or

puma.com$)$ in the future. LCF thinks that the lost customer goodwill cost is $$10.$ What order quantity should LCF choose based on

this new information?

Jeremy operates a produce booth at a farmer's market on Saturdays. He buys his produce from a farmer that grows a variety of items including

lettuce. Jeremy pays $$10$ for a box of lettuce which holds an average of $25$ heads of lettuce. He sells each head of lettuce for $$2.$ Any lettuce he

doesn't sell is donated to the local food rescue organization at the end of the day. History says that this coming Saturday's demand for lettuce

falls between $180$ and $320$ heads of lettuce.

Use this information to answer Questions $19$ and $20.$

Question $19$

If Jeremy does not have enough heads of lettuce, what is his cost of understocking?

Question $20$

How many boxes of lettuce should Jeremy buy? Round to the nearest whole number.