Question: Jantel Mitchell's bakery prepares all its cakes between 4 A . M . and 6 A . M . so they will be fresh when
Jantel Mitchell's bakery prepares all its cakes between AM and
AMso they will be fresh when customers arrive. Dayold cakes are
virtually always sold, but at a discount off the regular $ price. The
cost of baking a cake is $ and demand is estimated to be
normally distributed, with a mean of and a standard deviation of
What is the optimal stocking level? Refer to the standard normal table
for values.
The optimal stocking level for the bakery is
cakes round your
response to the nearest whole number
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