Question: Johnson Electronics sells electronic components through catalogs. Catalogs are updated and printed every three months. Each printing run incurs a fixed cost of $ 2

Johnson Electronics sells electronic components through catalogs. Catalogs are updated and printed every three months. Each printing run incurs a fixed cost of $2,500, which involves catalog design cost and printing setup cost. The variable production cost is $3 per catalog. Annual demand for catalogs is estimated to be normally distributed with a mean of 10,000 and a standard deviation of 2,000. Data indicate that, on average, each customer ordering a catalog generates a revenue of $15 from sales. How many catalogs should be printed in each run?

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