This assignment has 4 Questions with sub parts. For Questions 1 to 3 , 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] Distribution Type 3: Discrete Distribution Q1. Newsvendor Problem: Let's say you are the manager of a famous band that is organizing a concert. You want to take advantage of this concert and sell some concert T-shirts to music fans. You may procure Tshirts at a cost of $20 each. The price of T-shirt for the music fans is $50. Answer the following questions based on the above info. 1A. What is the underage cost? What does this cost represent? (0.5+1.5pts) 18. What is the overage cost? What does this cost represent? (0.5+1.5pts) 1C. What is the critical ratio? What does critical ratio represent? (0.5+1.5pts) 10. If demand of T-shirts is distributed as distribution type 1 , then how many T-shirts will you order? (2 pts) 1E. If demand of T-shirts is distributed as distribution type 2 , then how many T-shirts will you order? (2 pts) 1F. If demand of T-shirts is distributed as distribution type 3 , then how many T-shirts will you order? (2 pts)