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Business, 11.05.2021 17:00 Joejoe1813

David Polston prints up​ T-shirts to be sold at local concerts. The​ T-shirts sell for ​$23.30 each but cost David only ​$15.30 each.​ However, because the​ T-shirts have​ concert-specific information on​ them, David can sell a leftover shirt for only ​$8.70. Suppose the demand for shirts can be approximated with a normal distribution and the mean demand is 310 ​shirts, with a standard deviation of 90. Required:
What is the target service level?

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David Polston prints up​ T-shirts to be sold at local concerts. The​ T-shirts sell for ​$23.30 each...

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