Chapter 13) Bakery A sells bread for $2 per loaf that costs $0.80 per loaf to make. Bakery A gives a 75% 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 30. If the bakery orders 327 units, what is the approximate expected leftover inventory? (Use Table 13-4 and round-up rule to find I(z)).

Group of answer choices

50 units

30 unit

327 units

40 units

(Chapter 13) Bakery A sells bread for $2 per loaf that costs $0.80 per loaf to make. Bakery A gives a 75% 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 30. Approximately what order quantity maximizes expected profit for Bakery A? (Use Table 13-4 and round-up rule to find z).

Group of answer choices

320 units

323 units

327 units

300 units