Question: The local HomeDepot manager needs to decide how many Eastern Bunnies to order in preparation for the Easter sale. A dozen of those bunnies costs
The local HomeDepot manager needs to decide how many Eastern Bunnies to order in preparation for the Easter sale. A dozen of those bunnies costs $ when ordered now and sells at $ before Easter. Bunnies unsold by Easter are marked down to $ per dozen and always sell on the next day. The mangers best estimate for quantity demanded for the bunnies is in the table below. How many dozens of bunnies should the manager order if she wants to maximize the expected profit from the bunny sale?
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