Question: Exercise 19.29, how many cod should be purchased if leftover fish can be sold to a fertilizer company for 30 cents each? In exercise The

Exercise 19.29, how many cod should be purchased if leftover fish can be sold to a fertilizer company for 30 cents each?
In exercise
The manager of a fish market pays 80 cents each for cod and sells them for $1.50 each. Fish left over at the end of the day are discarded. The daily demand can be approximated by a normal having a mean of 300 and a standard deviation of 50.

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Referring to exercise 1929 the marginal loss ML becomes 050 or 080 030 ... View full answer

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