A Merchant Wants to Stock Christmas Trees

question 53

Essay

A merchant wants to stock Christmas trees.She can place only one order per season.The merchant pays $30 for each tree and sells them for $80 each.She will incur an additional cost of $6 each for unsold trees that must be hauled to the landfill.If demand for Christmas trees is normally distributed with a mean of 365 trees and a standard deviation of 46 trees, how many trees should she order?

---

Definitions:

Antipsychotics

Medications used to treat psychotic disorders, such as schizophrenia, by altering brain chemistry to reduce psychotic symptoms.

Lithium Carbonate

A chemical compound used primarily in the treatment of bipolar disorder, acting as a mood stabilizer.

Dopamine Receptors

Proteins located on the surface of certain cells in the brain that bind to dopamine, a neurotransmitter involved in reward, motivation, and pleasure.

Psychosis

An extreme mental disturbance involving distorted perceptions and irrational behavior; it may have psychological or organic causes. (Plural: psychoses.)