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A man makes a gift basket which he sells during December and he wants to determine how many gift baskets to make for the current
A man makes a gift basket which he sells during December and
he wants to determine how many gift baskets to make for the current season. It
costs $ to prepare a gift basket and it is sold for $ The gift baskets are typically
sold in December. Gift baskets left unsold at the end of December are sold for $ each. How
many gift baskets should the man prepare at the beginning of December, assuming that the
demand for the month can be described by the following probability distribution?
D
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