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You and a couple of friends from the MBA program decide to sell T-shirts during the Fall Online MBA residency to commemorate the event. The
You and a couple of friends from the MBA program decide to sell T-shirts during the Fall Online MBA residency to commemorate the event. The T-shirts sell for 25 but only cost 8 to produce. After the residency weekend you think you can sell them only at 5 per T-shirt. Suppose the demand for shirts can be approximated with a normal distribution and the mean demand is 100 shirts with a standard deviation of 25? What is the target service level? How many shirts should you produce?
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Intermediate Financial Management
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978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
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