Question: Use this data to answer the next 5 questions (Questions 36-40). The Philly Bike Shop is planning to introduce the successor to its current set

Use this data to answer the next 5 questions (Questions 36-40). The Philly Bike Shop is planning to introduce the successor to its current set of bikes. The new bike, named Bannongale Extreme, has a varying demand forecast. The Philly Bike Shop has determined that demand will take these possible values 200, 210, 220, 230, 240, 250, 260, 270, 280, 290, and 300. Each of these values are equally likely. The Philly Bike Shop will sell this bike in one season only. It will order all bikes ahead of the selling season, and will have to salvage any unsold bike at the end of the selling season at deep discount. Suppose Philly Bike Shop decided to order 270 bikes, which it will hold in inventory starting at the beginning of the selling season. What is the service level that Philly Bike Shop can expect as a result of this decision? Write your answer as a decimal value, two decimal places (e.g.. 0.92), not as a percentage. Question 37 1 pts Suppose Philly Bike Shop decided to order 270 bikes, which it will hold in inventory starting at the beginning of the selling season. What is the fill rate that Philly Bike Shop can expect as a result of this decision? Write your answer as a decimal value, two decimal places (e.g.. 0.92), not as a percentage

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