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

question 31

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
• E)70

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