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Industry 4.0 · End Term · 10 May 2026 · January 2026 term

Question 11: What is the critical ratio? Round off your answer to two…

Question 11

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A fashion retailer sells a limited-edition jacket for winter. The demand is normally distributed with a mean of 300 units and a standard deviation of 50 units. The cost price of each jacket is ₹1,500, and the selling price is ₹3,000. Unsold jackets can be returned for ₹1,200 per unit. Based on the above data, answer the given subquestions.

What is the critical ratio? Round off your answer to two decimals.

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Question 11 of 34 in the IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 10 May 2026, in the January 2026 term (Industry 4.0 06 May 26). It carries 1 mark.

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