Question: A perishable dairy product is ordered daily at a particular supermarket. The product, which costs $ 1 . 2 per unit, sells for $ 1

A perishable dairy product is ordered daily at a particular supermarket. The product, which costs $1.2 per unit, sells for $1.64 per unit. If units are unsold at the end of the day, the supplier takes them back at a rebate of $1 per unit. Assume that daily demand is approximately normally distributed with =145 and \sigma =30.

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