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A bakery prepares all its cakes before opening for business. Cakes are sold for $ 1 0 . Day - old cakes ( those not

A bakery prepares all its cakes before opening for business. Cakes are sold for $10. Day-old cakes (those not sold on the day made) are virtually always sold but for half the price. The cost of baking a cake is $6. Demand is estimated to be normally distributed with a mean of 25 and standard deviation of 4. What is the Shortage cost?

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