Produce Company Needs to Know How Many Kilos of Apples

question 47

Essay

Produce Company needs to know how many kilos of apples to have on hand each day.Each kilo of apples costs $0.50 and can be sold for $0.80.Unsold apples are worthless at the end of the day.The following demands were found after studying the last six months' sales:
200 kilos of apples 30% of the time
300 kilos of apples 40% of the time
400 kilos of apples 30% of the time
Required:
Determine whether Produce Company should order 200,300,or 400 kilos of apples.
_____________________________________________________________________________________________
_____________________________________________________________________________________________

---

Definitions:

Melatonin

A hormone produced by the pineal gland that regulates sleep-wake cycles, often used as a supplement to treat insomnia and jet lag.

Seasonal Affective Disorder

A type of depression that occurs at a specific time of year, typically in the winter months, associated with reduced exposure to sunlight.

Seasonal Variation

Seasonal variation refers to changes or patterns that occur in data or behaviour at specific times of the year, often influenced by changes in the environment, weather, or societal activities.

HTT Gene

A gene responsible for encoding the huntingtin protein, associated with Huntington's disease when mutations occur.