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Leily is ordering bags for a conference. She will sell each bag for $ 4 . 0 0 at the conference. Consider the various expenses,

Leily is ordering bags for a conference. She will sell each bag for $4.00 at the conference. Consider the various expenses, each bag costs her $2.00 to purchase, and she can purchase any quantity. During the conference, based on past sales history, the demand for conference bags is found to be normally distributed with mean 40 and standard deviation 10. If any bags are left at the end of the conference, they can be sold at other conferences for $1.00 each. If Leily sells out, she closes shop and calls it a day.

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