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Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $ 1 0 each from its Asian supplier, TeddySports.
Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $ each from its Asian supplier, TeddySports. Unfortunately, at the time of order placement, demand is still uncertain: Teddy Bower forecasts that its demand is normally distributed with mean and standard deviation Teddy Bower sells these parkas at $ each. Unsold parkas have little salvage value; Teddy Bower simply gives them away to a charity and also doesnt collect a tax benefit for the donation How many parkas should Teddy buy from TeddySports to maximize expected profit. please use the normal distribution table and round up to the nearest integer
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