Mathematics, 16.04.2020 03:56 shanice13

A las vegas supermarket bakery must decide how many wedding cakes to prepare for the upcoming weekend. cakes cost $55 each to make and they sell for $61 each. the price of leftover wedding cakes is reduced by 50% on mondays to clear out inventory. demand for the weekend is normally distributed with a mean of 102 and a standard deviation of 14. what is the optimal number of wedding cakes to stock on the weekend?

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