Cynthia knott''s oyster bar buys fresh louisiana oysters

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Cynthia Knott's oyster bar buys fresh Louisiana oysters for $4 per pound and sells them for $8per pound. Any oysters not sold that day are sold to her cousin, who has a nearby grocery store, for a $2 per pound. Cynthia believes that demand follows the normal distribution, with a mean of 100 pounds and a standard deviation of 16pounds.How many pounds should she order each day?

Reference no: EM1382253

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