Question: This assignment has 2 Questions with sub parts. For all questions, use the following definition of distribution types: Distribution Type 1: Normal distribution with mean

This assignment has 2 Questions with sub parts. For all questions, use the following definition of distribution types: Distribution Type 1: Normal distribution with mean =75 and std. dev =25 Distribution Type 2: Uniform Distribution U\{50,100] Q1. Payback Contract: Suppose that you are the supplief of nelspapers. Your production cost is: $0.5/ newspaper. You supply the newspaper to a retailer at a wholesale price of $1.2. The retailer then sells newspaper for $2 each. If any newspaper is not sold, you reimburse retaller the full wholesale price. 1A. What is your underage cost, overage cost, and critical ratio? (1+1+1pt5) 18. What is the underage cost of retailer? (1pts) 1C. How many newspapers are you willing to produce if newspaper demand is distributed as distribution type 1?(2pts) 10. How many newspapers are you willing to produce if newspaper demand is distributed as distribution type 2? (2 pts)

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