A merchant wants to stock Christmas trees. She can place onlyone order per season. The merchant pays
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A merchant wants to stock Christmas trees. She can place onlyone order per season. The merchant pays $30 for each tree and sellsthem for $80 each. She will incur an additional cost of $6 each forunsold trees that must be hauled to the landfill. If demand forChristmas trees is normally distributed with a mean of 365 treesand a standard deviation of 46 trees, how many trees should sheorder, to the next unit?
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