Demand for a specific type of cake at a local pastry shop can be approximated using a

Question:

Demand for a specific type of cake at a local pastry shop can be approximated using a Poisson with a mean of six per day. The manager estimates it costs $9 to prepare each cake. Fresh cakes sell for $12. Day-old cakes sell for $7 each. What stocking level is appropriate? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...