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3-26 Megley Cheese Company is a small manufacturer of several different cheese products. One of the products is a cheese spread that is sold to

3-26 Megley Cheese Company is a small manufacturer of

several different cheese products. One of the products

is a cheese spread that is sold to retail outlets.

Jason Megley must decide how many cases of cheese

spread to manufacture each month. The probability

that the demand will be six cases is 0.1, seven cases

is 0.3, eight cases is 0.5, and nine cases is 0.1. The

cost of every case is $45, and the price that Jason

gets for each case is $95. Unfortunately, any cases

not sold by the end of the month are of no value, due

to spoilage. How many cases of cheese should Jason

manufacture each month?

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