Problem 13-38 points Demand for devil's food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of 5 per day. The manager estimates it costs $14 to prepare each cake. Fresh cakes sell for $19. Day-old cakes sell for $13 each. What stocking level is appropriate if one-half of the day-old cakes are sold and the rest thrown out? Use Table C. eBook Stocking level O cakes Print References Problem 13-38 points Demand for devil's food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of 5 per day. The manager estimates it costs $14 to prepare each cake. Fresh cakes sell for $19. Day-old cakes sell for $13 each. What stocking level is appropriate if one-half of the day-old cakes are sold and the rest thrown out? Use Table C. eBook Stocking level O cakes Print References