a-1. Assume one-half of the day-old cakes are sold, and the rest thrown out. What service level is achieved in this situation? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Service level 1.00 8 a-2. What stocking level is appropriate to achieve this service level? Answer is complete but not entirely correct. Stocking level 10 X

a-1. Assume one-half of the day-old cakes are sold, and the rest thrown out. What service level is achieved in this situation? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Service level 1.00 8 a-2. What stocking level is appropriate to achieve this service level? Answer is complete but not entirely correct. Stocking level 10 X

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

please answer in 30 mins.

Problem 12-38 (Algo)
Demand for devil's food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a
mean of 6.6 per day. The manager estimates it costs $28 to prepare each cake. Fresh cakes sell for $31. Day-old cakes sell for $28
each. Use Table C.
a-1. Assume one-half of the day-old cakes are sold, and the rest thrown out. What service level is achieved in this situation? (Round
your answer to 2 decimal places.)
8 Answer is complete but not entirely correct.
Service level
1.00 X
a-2. What stocking level is appropriate to achieve this service level?
8 Answer is complete but not entirely correct.
Stocking level
10

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