Bret's Bakery Must Decide How Many Loaves of Fresh Bread

question 130

Multiple Choice

Bret's bakery must decide how many loaves of fresh bread to produce in a single day.Daily demand for fresh bread is normally distributed with a mean of 70 loaves and standard deviation of 18.If the marginal loss is $2 and the marginal profit is $1, how much bread should Bret's bakery produce in a single day?

• A)88
• B)52
• C)63
• D)78

---

Definitions:

Sacred

Considered worthy of spiritual respect or devotion; something that is holy or has a divine quality.

Profane

Anything that is not sacred or biblical; secular; not related to religion or religious practices.

Sociologists

Social scientists who study the social lives, behaviors, interactions, processes, and organization of people within societies.

Commonsense Definition

An explanation or interpretation of a term or concept that is widely accepted by the general public based on common understanding or intuition.