Paula Shoemaker produces a weekly stock market report for an exclusive readership. She normally sells 3,000 reports

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Paula Shoemaker produces a weekly stock market report for an exclusive readership. She normally sells 3,000 reports per week, and 70% of the time her sales range from 2,900 to 3,100. The report costs Paula $15 to produce, but Paula is able to sell reports for $350 each. Of course, any reports not sold by the end of the week have no value. How many reports should Paula produce each week?

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Quantitative Analysis For Management

ISBN: 162

11th Edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

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