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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

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

20

cents per program. The standard deviation is

5,000

programs, and the cost to print each program is

$1.

Refer to the

standard normal table

LOADING...

for z-values.Part 2a) What is the cost of underestimating demand for each program?

Cs=$3

(round your response to two decimal places).

what is the overage cost per program?

Co = $__________ (round your response to two decimal places).

Z

0.00

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

0.0

0.5000

0.5040

0.5080

0.5120

0.5160

0.5199

0.5239

0.5279

0.5319

0.5359

0.1

0.5398

0.5438

0.5478

0.5517

0.5557

0.5596

0.5636

0.5675

0.5714

0.5754

0.2

0.5793

0.5832

0.5871

0.5910

0.5948

0.5987

0.6026

0.6064

0.6103

0.6141

0.3

0.6179

0.6217

0.6255

0.6293

0.6331

0.6368

0.6406

0.6443

0.6480

0.6517

0.4

0.6554

0.6591

0.6628

0.6664

0.6700

0.6736

0.6772

0.6808

0.6844

0.6879

0.5

0.6915

0.6950

0.6985

0.7019

0.7054

0.7088

0.7123

0.7157

0.7190

0.7224

0.6

0.7258

0.7291

0.7324

0.7357

0.7389

0.7422

0.7454

0.7486

0.7518

0.7549

0.7

0.7580

0.7612

0.7642

0.7673

0.7704

0.7734

0.7764

0.7794

0.7823

0.7852

0.8

0.7881

0.7910

0.7939

0.7967

0.7996

0.8023

0.8051

0.8079

0.8106

0.8133

0.9

0.8159

0.8186

0.8212

0.8238

0.8264

0.8289

0.8315

0.8340

0.8365

0.8389

1.0

0.8413

0.8438

0.8461

0.8485

0.8508

0.8531

0.8554

0.8577

0.8599

0.8621

1.1

0.8643

0.8665

0.8686

0.8708

0.8729

0.8749

0.8770

0.8790

0.8810

0.8830

1.2

0.8849

0.8869

0.8888

0.8907

0.8925

0.8944

0.8962

0.8980

0.8997

0.9015

1.3

0.9032

0.9049

0.9066

0.9082

0.9099

0.9115

0.9131

0.9147

0.9162

0.9177

1.4

0.9192

0.9207

0.9222

0.9236

0.9251

0.9265

0.9279

0.9292

0.9306

0.9319

1.5

0.9332

0.9345

0.9357

0.9370

0.9382

0.9394

0.9406

0.9418

0.9430

0.9441

1.6

0.9452

0.9463

0.9474

0.9485

0.9495

0.9505

0.9515

0.9525

0.9535

0.9545

1.7

0.9554

0.9564

0.9573

0.9582

0.9591

0.9599

0.9608

0.9616

0.9625

0.9633

1.8

0.9641

0.9649

0.9656

0.9664

0.9671

0.9678

0.9686

0.9693

0.9700

0.9706

1.9

0.9713

0.9719

0.9726

0.9732

0.9738

0.9744

0.9750

0.9756

0.9762

0.9767

2.0

0.9773

0.9778

0.9783

0.9788

0.9793

0.9798

0.9803

0.9808

0.9812

0.9817

2.1

0.9821

0.9826

0.9830

0.9834

0.9838

0.9842

0.9846

0.9850

0.9854

0.9857

2.2

0.9861

0.9865

0.9868

0.9871

0.9875

0.9878

0.9881

0.9884

0.9887

0.9890

2.3

0.9893

0.9896

0.9898

0.9901

0.9904

0.9906

0.9909

0.9911

0.9913

0.9916

2.4

0.9918

0.9920

0.9922

0.9925

0.9927

0.9929

0.9931

0.9932

0.9934

0.9936

2.5

0.9938

0.9940

0.9941

0.9943

0.9945

0.9946

0.9948

0.9949

0.9951

0.9952

2.6

0.9953

0.9955

0.9956

0.9957

0.9959

0.9960

0.9961

0.9962

0.9963

0.9964

2.7

0.9965

0.9966

0.9967

0.9968

0.9969

0.9970

0.9971

0.9972

0.9973

0.9974

2.8

0.9974

0.9975

0.9976

0.9977

0.9977

0.9978

0.9979

0.9980

0.9980

0.9981

2.9

0.9981

0.9982

0.9983

0.9983

0.9984

0.9984

0.9985

0.9985

0.9986

0.9986

3.0

0.9987

0.9987

0.9987

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