Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. If the stand owner is able to find an outlet that would provide a salvage value of $0.10 and the demand is normally distributed with mean of 500 and standard deviation of 51.

What is service level, approximately? A) .57 B) .60 C) .80 D) .85 E) unable to determine given only the above information What is the optimal stocking level, approximately? A) 529 B) 531 C) 541 D) 543 E) unable to determine given only the above information