Question: Question Completion Status: 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Question Completion Status: 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 30 28 29 Question su 5 points Save and Marissa is an entrepreneur who has started Java Girl, a sidewalk coffee shop in the big city. Every day she purchases various pastries from a local bakery and sells them in her shop to go with all that awesome coffee. Unlike the ingredients for coffee, the pastries have a very limited shelf life. If the are any pastries left unsold at the end of the day, she donates them to the shelter that's on her way home. Marissa is getting ready to order pastries for Monday, and needs to decide how many to order. From past sales data, she estimates that on average she sells 150 pastries on Monday with a standard deviation of 20 pastries. She pays $1.50 each for the pastries, and sells them for $3.50 each. She gets no money for any pastries that are donated to th shelter. If Java Girl is going to be a financial success, how many pastries should Marissa order for each Monday? (Use Appendix E in the text to find the appropriate Z.value for this problem.)
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