Demand for devil’s food whipped-cream layer cake at a local pastry shop can be approximated using a poisson distribution with a mean of 7 per day. the manager estimates it costs $11 to prepare each cake. fresh cakes sell for $16. day-old cakes sell for $10 each. what stocking level is appropriate if one-half of the day-old cakes are sold and the rest thrown out?

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply. a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve