Course Solutions Uncategorized Daily Demand Ice Creams Scream Parlor Normally Distributed Mean 100 Quarts Standard Deviat Q34288101

Daily Demand Ice Creams Scream Parlor Normally Distributed Mean 100 Quarts Standard Deviat Q34288101

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 6:26 pm
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Daily demand for the ice creams at I-Scream parlor is normally distributed with a mean of 100 quarts and a standard deviation of 40 quarts. The owner has the ice cream supplied by a wholesaler who charges $2 per quart. The wholesaler charges a $90 delivery charge independent of order size. The opportunity cost of capital to I-Scream is estimated to be 25% per year Assume 360 days in the year. What is the optimal order size of each order? O A. 36 B. 360 C. 3600 D. 36000Daily demand for the ice creams at I-Scream parlor

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