dentity the appropriate irnventory model to obtan the opimal lot size for the given problem descripton Rick Jones ls chairman of this year’s Walk for Diabetes event Each year, the organizers of the event typically have commemorative T-shirts avaiable for purchase by the entrants in the walk. Rick needs to order the shirts well in advance of the actual event. Based on past waks, the organizers have determined hat the demand for T-shins is nomally distriouted with a mean of 100 and a standard deviation of 10. Rick plans to sel the T-shirts for $20 each He pays his supplier s8 for each shirt and can sell any unsold shirts for rags at 52 each. Determine how many T-shirts Rick should order so maximize his expected profits Select one: b. Fixed Order Interval O c Single Perlod Od. None of the listed e ROP

dentity the appropriate irnventory model to obtan the opimal lot size for the given problem descripton Rick Jones ls chairman of this year’s Walk for Diabetes event Each year, the organizers of the event typically have commemorative T-shirts avaiable for purchase by the entrants in the walk. Rick needs to order the shirts well in advance of the actual event. Based on past waks, the organizers have determined hat the demand for T-shins is nomally distriouted with a mean of

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