Question: 12A-12. Can someone show me how to do this problem? Will rate a thumb up for good response thanks so much (PLEASE CIRCLE OR HIGHLIGHT

12A-12. Can someone show me how to do this problem?

Will rate a thumb up for good response thanks so much (PLEASE CIRCLE OR HIGHLIGHT final answer thx)

12A-12. Can someone show me how to do this12A-12. Can someone show me how to do this12A-12. Can someone show me how to do this

Cynthia Knott's oyster bar buys fresh Louisiana oysters for $4 per pound and sells them for $10 per pound. Any oysters not sold that day are sold to her cousin, who has a nearby grocery store, for $3 per pound. Cynthia believes that demand follows the normal distribution, with a mean of 100 pounds and a standard deviation of 18 pounds. How many pounds should she order each day? Refer to the standard normal table for z-values. Cynthia should order pounds of oysters each day (round your response to one decimal place). Standard Normal Table The table below shows the total area under the normal curve for a point that is Z standard deviations to the right of the mean. Z 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1 7 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.5000 0.5040 0.5080 0.5120 0.51600.5199 0.5239 0.5279 0.5319 0.5359 0.5398 0.5438 0.5478 0.5517 0.5557 0.5596 0.5636 0.5675 0.5714 0.5754 0.5793 0.5832 0.5871 0.5910 0.5948 0.5987 0.6026 0.6064 0.6103 0.6141 0.6179 0.62170.6255 0.6293 0.6331 0.6368 0.6406 0.6443 0.6480 0.6517 0.6554 0.6591 0.6628 0.6664 0.6700 0.6736 0.6772 0.6808 0.6844 0.6879 0.6915 0.6950 0.6985 0.7019 0.7054 0.7088 0.7123 0.7157 0.7190 0.7224 0.7258 0.7291 0.7324 0.7357 0.7389 0.7422 0.7454 0.7486 0.75180.7549 0.7580 0.7612 0.76420.7673 0.7704 0.7734 0.7764 0.7794 0.7823 0.7852 0.7881 0.79100.7939 0.7967 0.7996 0.8023 0.8051 0.8079 0.8106 0.8133 0.8159 0.8186 0.8212 0.8238 0.8264 0.8289 0.8315 0.8340 0.8365 0.8389 0.8413 0.8438 0.8461 0.8485 0.8508 0.8531 0.8554 0.85770.8599 0.8621 0.8643 0.8665 0.8686 0.8708 0.8729 0.8749 0.8770 0.8790 0.8810 0.8830 0.8849 0.8869 0.8888 0.8907 0.8925 0.8944 0.89620.89800.8997 0.9015 0.9032 0.9049 0.9066 0.9082 0.9099 0.9115 0.91310.91470.9162 0.9177 0.91920.9207 0.9222 0.9236 0.9251 0.9265 0.9279 0.9292 0.9306 0.9319 0.9332 0.9345 0.9357 0.9370 0.9382 0.9394 0.9406 0.9418 0.9430 0.9441 0.9452 0.9463 0.9474 0.9485 0.9495 0.9505 0.9515 0.9525 0.9535 0.9545 0554 169564 10 9573 109582 109591 In 9599 n9608 In 9616 1 0625 109633 Print Done Done Standard Normal Table u e el 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 3.0 0.8413 0.8438 0.8461 0.8485 0.8508 0.8531 0.8554 0.8577 0.8599 0.8621 0.8643 0.8665 0.8686 0.8708 0.8729 0.8749 0.8770 0.8790 0.8810 0.8830 0.8849 0.8869 0.8888 0.89070.8925 0.8944 0.89620.89800.8997 0.9015 0.9032 0.9049 0.9066 0.9082 0.9099 0.9115 0.9131 0.9147 0.9162 0.9177 0.91920.9207 0.9222 0.9236 0.9251 0.9265 0.9279 0.9292 0.9306 0.9319 0.9332 0.9345 0.9357 0.93700.93820.9394 0.94060.9418 0.9430 0.9441 0.9452 0.9463 0.9474 0.9485 0.9495 0.9505 0.9515 0.9525 0.9535 0.9545 0.9554 0.9564 0.9573 0.9582 0.9591 0.9599 0.9608 0.9616 0.9625 0.9633 0.9641 0.9649 0.9656 0.9664 0.9671 0.9678 0.9686 0.9693 0.9700 0.9706 0.9713 0.9719 0.9726 0.9732 0.9738 0.9744 0.9750 0.9756 0.9762 0.9767 0.97730.9778 0.97830.9788 0.9793 0.9798 0.98030.9808 0.98120.9817 0.9821 0.9826 0.9830 0.9834 0.9838 0.98420.9846 0.9850 0.9854 0.9857 0.9861 0.98650.9868 0.9871 0.9875 0.9878 0.9881 0.9884 0.9887 0.9890 0.9893 0.9896 0.9898 0.9901 0.9904 0.9906 0.9909 0.9911 0.9913 0.9916 0.9918 0.99200.99220.9925 0.9927 0.9929 0.9931 0.99320.9934 0.9936 0.9938 0.99400.99410.9943 0.9945 0.9946 0.9948 0.9949 0.9951 0.9952 0.9953 0.9955 0.9956 0.99570.9959 0.9960 0.9961 0.99620.9963 0.9964 0.9965 0.9966 0.9967 0.9968 0.9969 0.99700.9971 0.9972 0.9973 0.9974 0.9974 0.9975 0.9976 0.9977 0.9977 0.9978 0.9979 0.99800.99800.9981 0.9981 0.99820.9983 0.9983 0.99840.99840.9985 0.9985 0.9986 0.9986 0.99870.9987 0.9987 0.9988 0.9988 0.9989 0.9990 0.9989 0.9990 0.9990 Print Done

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!