Question 1 Read about the success story of grocery store owner Duc Tran C. As you read, think about the advantage disadvantages of the various types of business structures and then answer the questions that follow. Part A What type of business does Tran own?

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?