Question: The hardware store in Hanover, New Hampshire orders lawn mowers each January. The cost per mower is $300, and they sell for $425. Any mowers

The hardware store in Hanover, New Hampshire orders lawn mowers each January. The cost per mower is $300, and they sell for $425. Any mowers left over at the end of the selling season are sold during a Labor Day Sale for $250 each. Assume that the following data applies:

Demand 0 1 2 3 4 5 Probability 0.10-.-

0.15 0.30 0.20 0.15 0.10 How many mowers should the store order?? Lp852

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