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Business, 19.08.2020 04:01 13albrad

Cynthia Knott's oyster bar buys fresh Louisiana oysters for $3 per pound and sells them for $8 per pound. Any oysters not sold that day are sold to her cousin, who has a nearby grocery store, for $2 per pound. Cynthia believes that demand follows the normaldistribution, with a mean of 100 pounds and a standard deviation of 20 pounds. How many pounds should she order each day? Refer to the standard normal table LOADING... for z-values.

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Cynthia Knott's oyster bar buys fresh Louisiana oysters for $3 per pound and sells them for $8 per p...

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