Single Period Model: Syndicate -- a popular urban clothing company in Eastern Europe -- is preparing for the spring line. They need to negotiate production contracts on specific styles now and commit to purchasing the materials so that production can begin in time to meet the sales season. To produce a single item of the "lazy pants" line costs $20 in materials and labor. If they produce too much, they choose to destroy the items rather than let them reach the clearance market and hurt the brand image. They retail for $93 per pair. If we run out of a style/color we assume a customer will not buy something else instead and so the sale is completely lost. Given the cost of excess and shortage, what is the optimal service level for this item? Enter it as a decimal, so if you get 50%, enter 0.50.