Question: please show work. Thanks. Problem 3: Value 20% A newspaper boy is trying to perfect his business in order to maximize the money he can

please show work. Thanks. Problem 3: Value 20% A please show work. Thanks.

Problem 3: Value 20% A newspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. Paper sales are normally distributed, with a mean of 100 and standard deviation of 10. He sells papers for $.5 and pays $.30 for them. Unsold papers are trashed with no salvage value. How many papers should he order each day and what % of the time will he experience a stockout

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