Question: Problem 2 0 - 8 ( Algo ) Lakeside Bakery bakes fresh pies every morning. The daily demand for its apple pies is a random

Problem 20-8(Algo)
Lakeside Bakery bakes fresh pies every morning. The daily demand for its apple pies is a random variable with (discrete) distribution, based on past experience, given by
Demand 51012182226
Probability 10%20%22%18%12%18%
Each apple pie costs the bakery $10.50 to make and is sold for $27. Unsold apple pies at the end of the day are purchased by a nearby soup kitchen for 90 cents each. Assume no goodwill cost.

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