I sell snowblowers. They are to be ordered several months before the winter. The unit cost is $120 and I can sell them at $200/unit. Any units unsold at the end of the winter will be bought back by the manufacturer for $60. There is no restriction on the lot size, in short, you can order 363 units, 474 units etc. i.e. in any denomination. To maximize expected profit how many units should I order at the beginning of the season if I am allowed to order only once? Demand is Uniform between 300 and 700. 471 529 0 500 I sell snowblowers. They are to be ordered several months before the winter. The unit cost is $120 and I can sell them at $200/unit. Any units unsold at the end of the winter will be bought back by the manufacturer for $60. There is no restriction on the lot size, in short, you can order 363 units, 474 units etc. i.e. in any denomination. If the demand were Normally distributed with mean of 800 and standard deviation of 300, what would be my optimal order quantity? 0910 745 O 855