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A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 5 trays
A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 5 trays and standard deviation of 2 trays. If the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? Assume doughnuts have no salvage value after the day is complete.
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