A company uses the newsvendor model to manage its inventories and faces normally distributed demand with a coefficient of variation of 0.75. The company decides to order a quantity that exactly equals the mean of its demand forecast. Which of the following is true regarding this company’s performance measures? 

a. There is a .50 probability that there is enough inventory to serve all demand. 

b. Expected inventory equals 50 percent of the mean of the demand forecast. 

c. The stockout probability is .25. 

d. Expected inventory is 0.