Mathematics, 24.06.2019 14:30 deontehiggins42
Foto color is a des moines supplier of chemicals and equipment used by some photographic stores to process 35mm film. one product that foto color supplies is bc-6. brad meyer, president of foto color, normally stocks 11, 12, or 13 cases of bc-6 each week. for each case that brad sells, he receives a profit of $35. because bc-6, like many photographic chemicals, has a very short shelf life, if a case is not sold by the end of the week brad must discard it. because each case costs brad $56, he loses $56 for every case that is not sold by the end of the week. there is a probability of 0.45 of selling 11 cases, a probability of 0.35 of selling 12 cases, and a probability of 0.2 of selling 13 cases. a) what is your recommended course of action?
Answers: 1
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