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Sofia's Silk Screening produces specialty T - shirts that are primarily sold at special events. Sover, when the event ends, any unsold Tproduce for an

Sofia's Silk Screening produces specialty T-shirts that are primarily sold at special events. Sover, when the event ends, any unsold Tproduce for an upcoming event. During the event, Sofia can sell T-shirts for $34 each. How evatimate of demand is the following: shirts are sold for $8 each. It costs Sofia's $25 to make a specialty T-shirt. The company's estimate of dend
\table[[DEMAND,PROBABILITY],[500,0.31],[550,0.10],[600,0.06],[650,0.06],[700,0.08],[750,0.39]]
a. What is the service rate (or optimal fractile)?
Note: Round your answer to 2 decimal places.
Service rate
b. How many T-shirts should Sofia's produce for the upcoming event?
Number of T-shirts
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