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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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love2211 love2211
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6 years ago
A retailer can purchase units of a perishable item for 75 cents each. The retailer sells the item for 2.00 . Unsold items are worthless and will be discarded. If demand for the item can be approximated by a normal distribution having a mean of 150 and a standard deviation of 30, how many units should the retailer stock to maximize expected profit? ____________________ items
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alarosealarose
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6 years ago
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love2211 Author
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6 years ago
Thank you, thank you, thank you!
Helpmeplease11
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
acaruso
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2 hours ago
Thanks
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