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5. A local club is selling Christmas trees and deciding how many to stock for the...

5. 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

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Answer #1

A) 0.6

The service level for the Christmas tree would be equal to 0.6 based on the details and data provided.

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