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Mathematics, 06.04.2021 06:20 seiglersteven99
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The produce manager at the local Pig & Whistle grocery store must determine how many pounds of
bananas to order weekly. Based upon past experience, the demand for bananas is expected to be 100,
150, 200, or 250 pounds with the following probabilities: 100lbs 0.20; 150lbs 0.25, 200lbs 0.35, 250lbs 0.20.
The bananas cost the store $.45 per pound and are sold for $.085 per pound. Any unsold bananas at the
end of each week are sold to a local zoo for $.30 per pound. Use your knowledge of decision analysis to
model and solve this problem in order to recommend how many pounds of bananas the manager should
order each week
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Answers: 1
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