A local club is selling Christmas trees and deciding how man…

A local club is selling Christmas trees and deciding how many to stock for the month of December. If demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the desired service level?                  

A bakery wants to determine how many trays of doughnuts it s…

A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 10 trays and standard deviation of 2 tray. If the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? Assume doughnuts have no salvage value after the day is complete.                

A furniture store chain is trying to determine where to loca…

A furniture store chain is trying to determine where to locate a new warehouse, which will serve five cities. The locations and average annual value of product sales in the cities are as follows: Using the Weighted Center of Gravity Method, determine the best location for the Warehouse.

A bakery wants to determine how many trays of doughnuts it s…

A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 10 trays and standard deviation of 2 tray. If the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? Assume doughnuts have no salvage value after the day is complete.