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a small grocery store sells fresh produce which it obtains from a local farmer. During the strawberry season, demand for fresh strawberries can be reasonably
a small grocery store sells fresh produce which it obtains from a local farmer. During the strawberry season, demand for fresh strawberries can be reasonably approximated using a normal distribution with a mean of 38 quarts per day and a standard deviation of 7 quarts per day. excess costs run 0.40 cents per quart. the grocer orders 43 quarts per day. what is the implied cost of shortage per quart?
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