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Demands were found after studying the last six months sales

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Produce Company needs to know the pounds of bananas to have on hand each day. Each pound of bananas costs $.10 and can be sold for $.30. Unsold bananas are worthless at the end of the day. The following demands were found after studying the last six months sales:

300 pounds of bananas 25% of the time.

400 pounds of bananas 40% of the time

500 pounds of bananas 35% of the time.

Determine whether Produce should order 300, 400, or 500 pounds of bananas

Reference no: EM131798246

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