Question: (7 points) Demand for plain bagels at the CPG Bagels can be approximated using a Poisson distribution with a mean of 22 per day. The

(7 points) Demand for plain bagels at the CPG

(7 points) Demand for plain bagels at the CPG Bagels can be approximated using a Poisson distribution with a mean of 22 per day. The manager estimates it costs $ 0.2 to make a bagel. The price of a fresh bagel is $1.5. Bagels not sold by the end of the day are sold the next day as "day old" bagels, for $0.99 per bagel. What stocking level is appropriate if one-half of the day-old bagels are sold and the rest thrown out? The distribution function of a Poisson with the mean 22 is as follows: (7 points) Demand for plain bagels at the CPG Bagels can be approximated using a Poisson distribution with a mean of 22 per day. The manager estimates it costs $ 0.2 to make a bagel. The price of a fresh bagel is $1.5. Bagels not sold by the end of the day are sold the next day as "day old" bagels, for $0.99 per bagel. What stocking level is appropriate if one-half of the day-old bagels are sold and the rest thrown out? The distribution function of a Poisson with the mean 22 is as follows

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