3. Sour Dough Bakery stocks fresh-baked bread that costs the store 74 per loaf. The bread is...
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3. Sour Dough Bakery stocks fresh-baked bread that costs the store 74¢ per loaf. The bread is sold for $1.39 a loaf on the day it is baked and for 59¢ a loaf if it remains at the end of that day. All the old bread can be sold at the discount price. The probabilities of various levels of daily demand for fresh bread are given below. How many loaves of bread should Sour Dough stock?
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Operations Management Providing Value In Goods And Services
ISBN: 9780030262074
3rd Edition
Authors: Dilworth, James B
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