Question: Note: In this exam, we assume there are 5 2 weeks in a year and 4 weeks in a month. Q 1 - Q 2

Note: In this exam, we assume there are 52 weeks in a year and 4 weeks in a month.
Q1-Q2
Jack is planning on selling moon cake in Moon Festival. The cost of a moon cake is $2.5 and Jack can sell it for $5. After the Moon Festival, Jack has to reduce the price to $1.5. Jack forecast the demand to be normally distributed with mean of 200 and standard deviation of 40.
What is the unit cost of ordering too many moon cakes?
a. $1
b. $3.5
c. $2
d. $2.5
 Note: In this exam, we assume there are 52 weeks in

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