Business
Business, 12.04.2021 19:10, milessims3953

A local barbecue joint makes one massive batch of potato salad each day. If they run out before theend of the day, their last few customers are less than satisfied, but if they make too much, they sellit to the local hog farmer for feed. Every serving costs an equivalent of $0.23 to make, but can be sold for $1.50 to customers and for $0.08 to the hog farmer. The average daily demand is for 200servings with a standard deviation of 20 servings. How many servings should be made each dayto maximize expected profit

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A local barbecue joint makes one massive batch of potato salad each day. If they run out before thee...

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