1. You are the procurement manager of Tacys. The supplier offers a new style of classical bomber jacket for the winter season. The purchase cost is $200, and the selling price is $500. You consider offering a discount for unsold jackets at the end of the season. The discounted price is $150. The forecasted demand, D, is normally distributed with a mean of 3,000 units () and a standard deviation of 700 units (). Assume that the A/F ration is 1.

j) At Q=4,500, what is the stock-out probability?

Enter the z value