Question One:

The daily demand for sewing kits follows a normal distribution with a mean of 1512 and a standard deviation of 53. Therefore, the selling price of a sewing kit is 131, and it costs 30 to prepare it.

• How many sewing kits should the business prepare daily to maximize its daily profit?

Round your answer to the nearest integer.

• What is the cycle service level that the business would be providing if they prepared the number of sewing kits calculated in Question One?

Enter your answer as a decimal number with four decimal places

• What is the estimated number ofsewing kits they would fall short of every day if they prepared the number of sewing kits calculated in Question One?

Enter your answer with four decimal places

• What is the expected daily profit perceived by the company if they prepared the number of sewing kits calculated in Question One?

Round your answer to the nearest integer.