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1 . Green Thumb, a manufacturer of lawn care equipment, has introduced a new product. Each unit costs $ 2 5 0 to manufacture, and
Green Thumb, a manufacturer of lawn care equipment, has introduced a new product. Each unit costs $ to manufacture, and the introductory price is $ At this price, the anticipated demand is normally distributed, with a mean of m and a standard deviation of s Any unsold units at the end of the season are unlikely to be valuable and will be disposed of in a postseason sale for $ each. It costs $ to hold a unit in inventory for the entire season.
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