Question: 4- A local grocery store is deciding on how many boxes of Bananas to order for a week. It will cost $10 per box for

4- A local grocery store is deciding on how many boxes of Bananas to order for a week. It will cost $10 per box for them to get the bananas. The revenue from a box of bananas is $15. The following describes the probabilities of expectations of demand: Demand (Boxes) 15 20 30 Probability 0.30 0.40 0.30 Use the newsvendor method to determine the number of boxes that you would order and explain why. Probability 0.30 0.40 0.30 Boxes to order 15 20 30 Expected Maximum Maximum Value Loss Gain 15 20 30

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