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A local club is selling Christmas trees and deciding how many to stock for the month of December. If demand is normally distributed with a
A local club is selling Christmas trees and deciding how many to stock for the month of December. If demand is normally distributed with a mean of and standard deviation
of trees have no salvage value at the end of the month, trees cost $ and trees sell for $ If the club is able to find an outlet that would provide a salvage value of $
per tree, what would be the change in service level?
A from previously to
B from previously to
C from previously to
D from previously to
E from previously to
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