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A perishable dairy product is ordered daily at a particular supermarket. The product, which costs $2.19 per unit, sells for $3.99 per unit. If units are unsold at the end of the day, the supplier takes them back at a rebate of $1.29 per unit. Assume the daily demand is approximately normally distributed (mean=190, =19) a. What is your recommended daily order quantity for the supermarket? b. You can set your own selling price to something other than $3.99 per unit. What should the selling price be to have enough products in stock to meet the demand 40% of the
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Asked 4/23/2012 6:11:52 PM
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User: A perishable dairy product is ordered daily at a particular supermarket. The product, which costs $2.19 per unit, sells for $3.99 per unit. If units are unsold at the end of the day, the supplier takes them back at a rebate of $1.29 per unit. Assume the daily demand is approximately normally distributed (mean=190, =19) a. What is your recommended daily order quantity for the supermarket? b. You can set your own selling price to something other than $3.99 per unit. What should the selling price be to have enough products in stock to meet the demand 40% of the

Weegy: Did you need to finish your question?
Expert answered|sharpies|Points 7439|

User: no thats the entire question in 2 parts a and b

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Asked 4/23/2012 6:11:52 PM
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