Question

A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 76 pounds of Kona coffee beans a day.​ (Demand can be assumed to be distributed normally with a standard deviation of 13 pounds per​ day). After ordering​ (fixed cost​ = ​$19 per​ order), beans are always delivered from Hawaii in exactly 4 days.​ Per-pound annual holding costs for the beans are ​$2. Refer to the standard normal tableLOADING... for​ z-values.

Answer 1

Step-by-step explanation:

Base on the scenario been described in the question, we use the following method to solve the question

d = 75 lbs/day 200 days per year

D= 15,000 lb/year H= $3/lb/year S= $16/order