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

Industry 4.0 End Term 10 May 2026 — Question 34

Question 34

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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.

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Question 34 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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