Multiple Choice
An organization hosting a 5K race is looking to sell t-shirts at the event.Demand for t-shirts is believed to be normally distributed with a mean of 100 and standard deviation of 15.With a marginal loss of $4 and marginal profit of $5, how many t-shirts should the organization stock for the 5K race?
A) 98
B) 85
C) 103
D) 115
Correct Answer:
Verified
Correct Answer:
Verified
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