Question: The forcasted demand for winter jackets is 5 0 0 with a standard deviation of 5 0 . will sell a jacket at the price
The forcasted demand for winter jackets is with a standard deviation of will sell a jacket at the price of $ The manager gets jackets from their suppliers at $ per a jacket. Any unsold jacket at the end of the season are disposed of for $ and it costs $ to hold a jacket in inventory for the season. What is the expected profit?
Question options:
A
$
B
$
C
$
D
$
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