Question: A grocer purchases plums for $2.95 per pound and sells them for $4.62 per pound. At the end of the sales cycle, leftover plums are
A grocer purchases plums for $2.95 per pound and sells them for $4.62 per pound. At the end of the sales cycle, leftover plums are sold for a closeout price of $1.76 per pound. The grocer purchases 10,380 pounds of plums. Expected demand is normally distributed with a mean of 8,304 pounds and a standard deviation of 1,038 Do not round intermediate calculations. Round your answer to two decimal places. What is the grocer's expected profit
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