Answer Happy

Sherry Clower is trying to figure out how many custom books to order for her class of 25 students. In the past, the number of students buying books has shown the following demand pattern. Click the icon to view the demand pattern. a. Suppose each custom book costs Sherry $20 to print, and she sells the books to the students for $47 each. Excess books must be scrapped. %. (Enter your response as a percentage rounded to one decimal place.) The Sherry's target service level is The Sherry's target stocking point is books. (Enter your response as a whole number.)
Number of Students Who Bought a Book 16 or fewer 17 18 19 Percentage of Observations 2% 6% 7% 9%
20 21 22 23 24 25 11% 37% 13% 9% 5% 1%
The new target service level is The new target stocking point is The target service level and target stocking point have %. (Enter your response as a percentage rounded to one decimal place.) books. (Enter your response as a whole number.)