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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 $ Dayold cakes those not sold on the day made are virtually always sold but for half the price. The cost of baking a cake is $ Demand is estimated to be normally distributed with a mean of and standard deviation of What is the Shortage cost?
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