University of Florida football programs are printed 1 week prior to each home game. Attendance averages 90,000 screaming and loyal Gators fans, of whom two-thirds usually buy the program, following a normal distribution, for $4 each. Unsold programs are sent to a recycling center that pays only 10 cents per program. The standard deviation is 10,000 programs, and the cost to print each program is$2.

a) What is the cost of underestimating demand for each program?

=$2

b) What is the overage cost per program?

=$1.9

(c) How many programs should be ordered per game? (d) What is the stockout risk for this order size?