Question: with computer Solutions Question #4. (2 Marks) M&H clothing store is importing winter a special model of jacket to satisfy the demand during the cold

with computer Solutions Question #4. (2 Marks)
with computer Solutions
Question #4. (2 Marks) M&H clothing store is importing winter a special model of jacket to satisfy the demand during the cold season in this end of year 2020. The jacket cost SAR 100 and will be sold for SAR 150. The store does not want to carry surplus jackets over until the following year. Thus, all surplus jackets will be sold to a wholesaler for SAR 50 per unit. Assume that the jacket demand follows a normal probability distribution with u = 200 and a=20. a. What is the recommended order quantity? b. What is the probability that the company will sell all jackets it orders

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