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If a part of the question specifies whether to use Table 13.4, or to use Excel, then credit for a correct answer will depend on
If a part of the question specifies whether to use Table 13.4, or to use Excel, then credit for a correct answer will depend on using the specified method. a. What is the probability this parka turns out to be a "dog", defined as a product that sells less than half of the forecast? Use Excel. 0.1908 (Round your answer to 4 decimal places.) How many parkas should Teddy Bower buy from TeddySports to maximize expected profit? D. Use Table 13.4. 2,340 c. If Teddy Bower orders 3000 parkas, what is the in-stock probability? Use Excel. (Round your answer to 4 decimal places.) d. If Teddy Bower orders 3000 parkas, what is the expected leftover inventory? Use Excel. (Round your answer to 2 decimal places.) 100 e. If Teddy Bower orders 3000 parkas, what are expected sales? Use Excel. (Round your answer to 2 decimal places.) f. If Teddy Bower orders 3000 parkas, what is expected profit? Use Excel. (Round your answer to 2 decimal places.) If Teddy Bower wishes to ensure a 98.5 percent in-stock probability, how many parkas 9 should Teddy Bower order? Use Table 13.4. 4,740PA 13-5 (Static) Teddy Bower is an outdoor clothing and accessories chain... Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $10 each from its Asian supplier, TeddySports. Unfortunately, at the time of the order placement, demand is still uncertain: Teddy Bower forecasts that its demand is normally distributed with a mean of 2100 and a standard deviation of 1200. Teddy Bower sells these parkas at $22 each. Unsold parkas have little salvage value; Teddy Bower simply gives them away to a charity (and also doesn't collect a tax benefit for the donation). Use Table 13.4. If a part of the question specifies whether to use Table 13.4, or to use Excel, then credit for a correct answer will depend on using the specied method
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