Question: SCM Question 10, Instructor-created question Points: 0 C During the Final Four, demand for basketball jerseys is expected to be normally distributed with a mean

SCM Question 10, Instructor-created question
SCM Question 10, Instructor-created question
SCM Question 10, Instructor-created question
SCM Question 10, Instructor-created question Points: 0 C During the Final Four, demand for basketball jerseys is expected to be normally distributed with a mean of 1,000 and a standard deviation of 300 Each jersey costs $30. The selling price is $5 Refer to the standardized normal table below 0.1 0.25 0.4 z-Normsiny(1) -1.28 -0.67 -0.25 0.5 0 0.55 0.7 0.75 0.8 0.85 0.13 0.52 0.67 0.84 1.04 a) How many jerseys should be ordered? (round your response to the nearest whole number) b) if the selling price is discounted by 10%, the optimal order size wil. OA decrease OB. not change OC increase c How do the following change when the amount of inventory increase? CT) Out-of-stock probability OA. Up OB. Down OC. Not sure c-2) Expected leftover inventory Aidan Curry 05/01/22 10:14 PM Question 10, Instructor-created question HW Score: 87.5%, 28 of 32 points O Points: 0 of 4 Save puted with a mean of 1,000 and a standard deviation of 300 Each jersey costs $30. The selling price is $50 per jersey. The unsold jerseys can be sold off at half price 0.8 0.85 0.84 1.04 number) b) if the selling price is discounted by 10%, the optimal order size will OA. decrease OB not change OC. increase How do the following change when the amount of inventory increase? ct) Out of stock probability OA Up OB Down OC. Not sure c-2) Expected leftover inventory OA. Up OB. Down OC. Not sure 3) Expected lost sales OA. Up OB Down OC Not sure

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