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Demand for rug - cleaning machines at Clyde s U - Rent - It is shown in the following table. Machines are rented by the

Demand for rug-cleaning machines at Clydes U-Rent-It is shown in the following table. Machines are rented by the day only. Profit on the rug cleaners is $20 per day. Clyde has 3 of the rug-cleaning machines.
Demand Frequency
0.30
1.20
2.20
3.15
4.10
5.05
1.00
Click here for the Excel Data File
a. Assuming that Clydes stocking decision is optimal, what is the implied range of excess cost per machine?

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