Question
Cynthia Knott's oyster bar buys fresh Louisiana oysters for $5 per pound and sells them for $9 per pound. Any oysters not sold that day
Cynthia Knott's oyster bar buys fresh Louisiana oysters for $5 per pound and
sells them for $9 per pound. Any oysters not sold that day are sold to her cousin,
who has a nearby grocery store, for $2 per pound. Cynthia believes that demand
follows the normal distribution, with a mean of 100 pounds and a standard
deviation of 15 pounds. How many pounds should she order each day?
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Project Management in Practice
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco
4th edition
470533013, 978-0470533017
