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The Cool Redistributing Company 1. With summer approaching, people are thinking about getting their lawns in shape. The Cool Redistributing Company (CRC) would like to

The Cool Redistributing Company 1. With summer approaching, people are thinking about getting their lawns in shape. The Cool Redistributing Company (CRC) would like to maintain an 80% service level policy for the inventory of string trimmers. Daily demand for string trimmers is normally distributed with a mean of 25. The physical holding cost is estimated to be $6/year*unit. CRC sells the trimmers for $100 with a 20% profit margin. The annual cost of capital at CRC is estimated to be 5% of the cost of inventory. Assume that there are 50 weeks in one year and that each week is 7 days long.

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