Business, 12.08.2020 05:01, adriantheclashroyaln

A creamery shop sells its special ice cream for $4.50 a quart. It costs them $3.00 a quart to make it. The daily demand for this flavor is normally distributed with a mean of 35 quarts and a standard deviation of 4 quarts. Unsold ice cream is sold each day to a local restaurant at $1.50 per quart. What is the service level and corresponding optimal stocking level?

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A creamery shop sells its special ice cream for $4.50 a quart. It costs them $3.00 a quart to make i...