Question: The demand for a spare engine part is normally distributed with an average of 600 units and standard deviation of 23.9 units. The parts cost

The demand for a spare engine part is normally distributed with an average of 600 units and standard deviation of 23.9 units. The parts cost $1500 each and $5000 each when purchased on an emergency basis. Unused parts can be scrapped for 10% of their purchase price. How many parts should be acquired to maximize expected profit?

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