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QUESTION 10 Ruby sells cookies for $2.5 per pack, and each of them costs $0.8 to make. All unsold cookies would be sent to charities
QUESTION 10 Ruby sells cookies for $2.5 per pack, and each of them costs $0.8 to make. All unsold cookies would be sent to charities for free at the end of the day. What is the optimal service level (i.e.. critical ratio) of selling the cookies? 0 24% O 68% O 32% Q 76% QUESTION 11 Matt operates a coffee shop and needs to order sugar from a supplier. The average daily consumption is 4.5 pounds. and the standard deviation is 2 pounds. The delivery time is 3.25 days on average. with a standard deviation of 1.2 days. Matt can place an order at any time, and he decides the order quantity = 40 pounds. What is the reorder point if he wants to keep the 96% service level? 0 15 O 32 022 028
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