Question

Sarved Help Save & Exit Submit Week5 The local supermarket buys lettuce each day to ensure really fresh produce. Each morning, any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week, the supermarket can buy fresh lettuce for $700 a box. The lettuce is sold for $16.00 a box and the dealer that sells old lettuce is willing to pay $4.00 a box. Past history says that tomorrow's demand for lettuce averages 272 boxes with a standard deviation of 48 boxes. How many boxes of lettuce should the supermarket purchase tomorrow? (Use Excel's NORM.S.INV() function to find the z value. Round your answer to the nearest whole number.) Number of boxes Prey 1 of 15 Next > 71% O 프 Search

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Answer:

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Cu= underage cast - Price - cost = 16-7-9 cast - Salvage = 7-4 = 3 Cocoverage overage cost Critical ratio G 9 9+3 3 = 0.75 4 Cot Cu za How many 2-0.674 Cusing = NORH.S.INY (0:75)) boxes the supermarket should purchave tomorrow? Q - M+zo [42272 6-48 a = 272+ 0.674 (48) scanned o 304.35 - 305 (Answer) 2 CamScanner