Expected sales next year are 40000 units with standard

Reference no: EM13454482

Cool-Aire Corporation manufactures a line of room air conditioners. Its break-eve sales level is 33,000 units. Sales are approximately normally distributed. Expected sales next year are 40,000 units with a standard deviation of 40,000 units

a. Determine the probability that Cool-Aire will incur an operating loss

b. Determine the probability that Cool-Aire will operate above it break-even point.

Reference no: EM13454482

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