A Fruit Stand Manager Must Decide How Many Pounds of Bananas

question 51

Short Answer

A fruit stand manager must decide how many pounds of bananas to stock weekly.From past records it appears that the demand for bananas is approximately normal with a mean of 1,200 pounds and a standard deviation of 400 pounds.The cost of the bananas is $0.15 per pound and the usual selling price is $0.45 per pound.At the end of each week a hog farmer comes by the fruit stand and purchases any unsold,over-ripened bananas for $0.05 per pound.Calculate the amount of bananas the manager needs to purchase each week to maximize his profit.
____________________ pounds

---

Definitions:

Expression

The process by which information from a gene is used to synthesize a functional gene product, often a protein.

Anger

A strong emotion characterized by antagonism toward someone or something you feel has deliberately wronged you.

Cardiovascular Disease

A class of diseases involving the heart or blood vessels, significant contributors to mortality and morbidity worldwide.

Anxiety

A psychological condition marked by intense feelings of nervousness, apprehension, or dread that significantly disrupt an individual's routine life.