You sell Candy Corn each year. You have averaged 3,343 pounds of candy corn sold each year with a standard deviation of 130.You desire a 55% service level. How many pounds of candy corn do you order this year?Type your answer.....

The optimal order quantity for a product is the quantity that minimises overall inventory expenses,…

Answered: You sell Candy Corn each year. You have…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter10: Digital Marketing And Social Networking

Section10.2: Dollar Shave Club Faces Sharp Competition

Problem 2C

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You sell Candy Corn each year. You have averaged 3,343 pounds of candy corn sold each year with a standard deviation of 130. You desire a 55% service level. How many pounds of candy corn do you order this year? Type your answer.....