Amazing Bakers sells bread to 40 supermarkets. It costs Amazing $1,250 per day to operate its plant. The profit per loaf of bread sold in the supermarket is $.025. Any unsold bread is returned to the Amazing Thrift Store to be sold at a loss of $.015. If sales follow a normal distribution with μ = 70,000 and σ = 5,000 per day, how many loaves should Amazing bake daily?

Answer rating: 100% (QA)

To determine how many loaves Amazing should bake daily we need to consider the expected demand and t... View the full answer