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David Lee is a soft drinks stallholder at Cotton Tree Park. He must decide how many soft drink cartons to order for the coming season.
David Lee is a soft drinks stallholder at Cotton Tree
Park. He must decide how many soft drink cartons to order for the coming season. Each bottle of soft
drink costs $ and is sold for $ No inventory is carried from one season to the next. Bottles of soft
drinks unsold after August are sold at a discounted price of $ Past data indicates that sales are highly
dependent on the weather conditions. Past weather conditions can be classified as cool or warm, and the
following distribution of regular price supply has been tabulated:
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