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Avocados are one of the most popular items sold in a grocery store. On Monday morning, the store is stocking avocados to sell over the
Avocados are one of the most popular items sold in a grocery store. On Monday morning, the store is stocking avocados to sell over the week. The demand for avocados during the week is Normally distributed with the mean of and standard deviation of Avocados have short lifecycle, and any remaining avocados at the end of the week must be thrown away. The store purchases avocados for $ each unit and sells each unit for $
What is the optimal quantity of avocados the store should order?
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