Question: QUESTION 11 Answer this question and the next question according to the following statement Suppose you are responsible for purchasing decisions in one of Walmart

QUESTION 11 Answer this question and the next question according to the following statement Suppose you are responsible for purchasing decisions in one of Walmart Supercenters. The 4th of July is coming up, and you want to decide hi many t-shirts to purchase with the independence theme to be sold during the independence week. Your supplier sells each tshirt at the wholesale price of 4$, and you will be selling to customers at $10 each. After the independence day, the unsold tshirts are donated (for free) to a nonprofit organization. The sales data from previous years' independence week allows you to estimate the demand distribution as the following: INDEPENDENCE WEEK DEMAND PROBABILITY MIRIS LLLLLLL 100 200 300 400 500 600 700 800 DEMAND 900 How many t-shirts you should order to maximize your profit

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