(02.04 MC)Examine the image to answer the question that follows.Public DomainWhat doe this image reveal about the arts during medieval times?

(02.04 LC)Which statement describes Dante Alighieri?

Suppose a company uses the newsvendor model to manage its inventories and faces normally distributed demand with mean 10 and standard deviation 10. The company decides to order a quantity that exactly equals its mean demand forecast. The probability of serving all the demand is 50%

Le Meridien in San Francisco has 160 rooms. The hotel has an ample low fare demand at the room rate of $200 per night, but the demand from the high fare class which pays $450 per night on average, is uncertain. The high fare demand is normally distributed with mean 60 and standard deviation 42. (The Normal distribution table is attached below.)  How many rooms should Le Meridien protect for high fare customers to maximize expected revenue?

Optional: You may attach a picture of your hand-written notes (marked by question number) to be evaluated for partial credits. 

(02.02 LC)Who was responsible for uniting the Franks under his rule shortly after the fall of Rome?

Consider the Barnes and Nobles example above, and suppose demand is normally distributed with the standard deviation of weekly demand being 20 books. The lead-time is four week. What safety stock is necessary if the manager uses a continuous review inventory system, and a 98% service level (Use z = 2, for 98% service level)?

(02.01 MC)According to King Alfred, what were the “three estates” of European society?

In the Dave’s Sub Shop example above, what is the cycle time?

Overbooking will not increase revenue when …