Question: Demand for a specific type of cake at a local pastry shop can be approximated using a Poisson distribution with a mean of six per

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

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