The Katie's Card Shop sells calendars with different Colonial pictures shown for each month. The once-a- year order for each year's calendar arrives in September. From past experience the September to March demand for the calendars can be approximated by a normal distribution with mean 400 and standard deviation 100. The calendars cost $2 each, and Katie sells them for $3 each. a) If Katie throws out all unsold calendars at the end of March (i.e., salvage value is zero), how many calendars should be ordered? f Katie reduces the calendar price to $ 0.5 at the end of March and can sell all surplus calendars at this price, how many calendars should be ordered? show me how to solve this step by step in excel you are talking to a stupid person I need you to tell me in Cell A1 what to enter and so forth
The Katie's Card Shop sells calendars with different Colonial pictures shown for each month. The once-a- year order for each year's calendar arrives in September. From past experience the September to March demand for the calendars can be approximated by a normal distribution with mean 400 and standard deviation 100. The calendars cost $2 each, and Katie sells them for $3 each. a) If Katie throws out all unsold calendars at the end of March (i.e., salvage value is zero), how many calendars should be ordered? f Katie reduces the calendar price to $ 0.5 at the end of March and can sell all surplus calendars at this price, how many calendars should be ordered? show me how to solve this step by step in excel you are talking to a stupid person I need you to tell me in Cell A1 what to enter and so forth
Chapter6: Business Expenses
Section: Chapter Questions
Problem 37P
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Transcribed Image Text:The Katie's Card Shop sells calendars with different Colonial pictures shown for each month. The once-a-
year order for each year's calendar arrives in September. From past experience the September to March
demand for the calendars can be approximated by a normal distribution with mean 400 and standard
deviation 100. The calendars cost $2 each, and Katie sells them for $3 each. a) If Katie throws out all unsold
calendars at the end of March (i.e., salvage value is zero), how many calendars should be ordered? f Katie
reduces the calendar price to $ 0.5 at the end of March and can sell all surplus calendars at this price, how
many calendars should be ordered? show me how to solve this step by step in excel you are talking to a
stupid person I need you to tell me in Cell A1 what to enter and so forth
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