Use This Information to Answer the Following Questions

question 38

Essay

Use this information to answer the following questions.
A supermarket stocks 150 apple pies each week.Weekly demand for apple pies ranges between 90 and 160 pies,all occurring with equal probability.Each unsold pie incurs an inventory carrying cost of $2.00.Unmet demand costs the supermarket $4.00 per pie.
-Refer to the information above.Use Crystal Ball to find the average weekly costs (i.e. ,shortage and carrying costs)if the supermarket stocks 150 pies weekly.

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