Examlex

Solved

Amazing Bakers Sells Bread to 40 Supermarkets

question 50

Essay

Amazing Bakers sells bread to 40 supermarkets.It costs Amazing $1250 per day to operate its plant.The profit per loaf of bread sold in the supermarket is $0.025.Any unsold bread is returned to Amazing to be sold at a loss of $0.015.
a.If sales follow a normal distribution with μ = 70,000 and σ = 5000 per day,how many loaves should Amazing bake daily?
b.Amazing is considering a different sales plan for which the profit per loaf of bread sold in the supermarket is $0.03 and the loss per loaf of bread returned is $0.018.If μ = 60,000 and σ = 4000 per day,how many loaves should Amazing bake daily?


Definitions:

Personality Characteristics

Traits that describe an individual's consistent patterns of feeling, thinking, and behaving.

Emotional Affectivity

The extent to which people typically experience positive and negative emotions.

Negative Affect

Emotional expressions and experiences characterized by distress, discomfort, and dissatisfaction.

Social Activity

Participation in events or activities that involve interaction with others, contributing to a person's social life and well-being.

Related Questions