Demand for jelly doughnuts on Saturdays at Don’s Doughnut Shoppe is shown in the following table. |
Demand (dozens) |
Relative Frequency |
Demand (dozens) |
Relative Frequency |
19 | .01 | 25 | .10 |
20 | .05 | 26 | .11 |
21 | .12 | 27 | .10 |
22 | .18 | 28 | .04 |
23 | .13 | 29 | .02 |
24 | .14 | ||
a-1. |
Determine the optimal number of doughnuts, in dozens, to stock if labor, materials, and overhead are estimated to be $3.20 per dozen, doughnuts are sold for $4.80 per dozen, and leftover doughnuts at the end of each day are sold the next day at half price. (Round your answer to the nearest whole number.) |
Optimal number of doughnuts |
a-2. |
What is the resulting service level? (Round your answer to 2 decimal places.) |
Service level |
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