Business, 11.05.2021 17:00 Joejoe1813
David Polston prints up T-shirts to be sold at local concerts. The T-shirts sell for $23.30 each but cost David only $15.30 each. However, because the T-shirts have concert-specific information on them, David can sell a leftover shirt for only $8.70. Suppose the demand for shirts can be approximated with a normal distribution and the mean demand is 310 shirts, with a standard deviation of 90.
Required:
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David Polston prints up T-shirts to be sold at local concerts. The T-shirts sell for $23.30 each...
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