A Hot Dog Vendor Must Decide on Monday How Many

question 36

Multiple Choice

A hot dog vendor must decide on Monday how many hot dogs to have available for the coming Saturday's football game.Each hot dog costs the vendor $3.00 and is sold for $5.00.After the game any unsold hot dogs are discounted and sold to the university cafeteria for $1.75.The vendor believes that the demand for hot dogs follows the probability distribution shown below: The optimal number of hot dogs the vendor should order for next Saturday's game is

• A)1000.
• B)1500.
• C)2000.
• D)3000.

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Definitions:

Source Traits

Fundamental personality traits from which surface traits, observable behaviors, are derived according to trait theory.

Innate

Traits, behaviors, or abilities that are present from birth, not acquired or learned.

Machiavellianism

A personality trait that involves manipulation, deceit, and a lack of morality to achieve one's goals.

Cunning

Exhibiting skill in achieving one's ends by deceit or evasion.