Multiple Choice
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 service level?
A) .60
B) .20
C) .84
D) .40
E) unable to determine given the above information
Correct Answer:
Verified
Correct Answer:
Verified
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