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 500 with a standard deviation of 50. will sell a jacket at the price of $45. The manager gets jackets from their suppliers at $25 per a jacket. Any unsold jacket at the end of the season are disposed of for $10 and it costs $3 to hold a jacket in inventory for the season. What is the expected profit?
Question 3 options:
A)
$9,313
B)
$9,244
C)
$11,565
D)
$11,660

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