Question: T - shirts - R - us ( TRS ) is planning production for its five t - shirt styles that are popular in Spring.
TshirtsRus TRS is planning production for its five tshirt styles that are popular in Spring. All five styles have demand that is normally distributed. The bestselling style has an expected demand of and a standard deviation of Each of the other four styles has an expected demand of with a standard deviation of Currently, all tshirts are produced before the start of the season. Production cost is $ per tshirt, and they are sold for a wholesale price of $ Any unsold tshirts at the end of the season are discounted to $ and they all sell at that price. It costs $ to hold the tshirt in inventory for the entire season if it does not sell. How many tshirts of each type should TRS manufacture?
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