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The HUKTS university is opening an IMOS 7 0 2 0 course in the Spring semester. The cost for each seat planned in the class

The HUKTS university is opening an IMOS 7020 course in the Spring semester. The cost for each seat planned in the class is 300 HKD (e.g., instructor, TA, equipment etc). The tuition charged for each enrolled student is 1000 HKD. If the planned seats are unfilled, it has a salvage value of zero. Suppose the students demand for the IMOS 7020 course follows a normal distribution with mean of 120 and standard deviation of 30.

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