Question: Bakery A sells bread for $2 per loaf that costs $0.40 per loaf to make. Bakery A gives a 90% discount for its bread at


Bakery A sells bread for $2 per loaf that costs $0.40 per loaf to make. Bakery A gives a 90% discount for its bread at the end of the day. Demand for the bread is normally distributed with a mean of 300 and a standard deviation of 20 . What order quantity maximizes expected profit for Bakery A? (use the normal distribution table posted on Canvas and round up to the nearest integer) Bakery A sells bread for $2 per loaf that costs $0.40 per loaf to make. Bakery A gives a 90% discount for its bread at the end of the day. Based on the critical ratio determined, the company would expect the stockout rate to be (round to the two decimal places)
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