Question: You are tasked with ordering bottled water for an upcoming outdoor event. Bottles cost you $0.10 a piece and you can sell them that night

You are tasked with ordering bottled water for an upcoming outdoor event. Bottles cost you $0.10 a piece and you can sell them that night for $2. Any shirts not sold that night can sell to a secondary market for $0.05 a piece. Expected demand for water is 10,000 with a standard deviation of 1,000. How many bottles should you purchase to maximize your expected profit? 10.000 8.050 G 11,950 1,000

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