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?
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cu = 80 - 30 = 50
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