How many pasteis de nata should julia purchase from tilman

Assignment Help Operation Management

Reference no: EM133344265

Case: After graduating from NOVA SBE, Julia decided to pursue her dreams and bought a bakery in Lisbon. At the beginning of each day, she buys pasteis de nata from Tilman, a fellow NOVA SBE graduate, at 1.00 EUR per unit and sells them at 3.00 EUR per unit. Tilman makes pasteis de nata at 0.10 EUR per unit. At the end of the day, Julia throws away any extra pasteis de nata she could not sell. On any given day, demand for pasteis de nata at Julia's bakery is normally distributed with mean 100 and standard deviation 30.

Question: How many pasteis de nata should Julia purchase from Tilman on a given day? What are Julia and Tilman' expected profits from pasteis de nata sales?

Reference no: EM133344265

Questions Cloud

What tort action can the first news channel bring : what tort action can the first news channel bring against the second news channel? In your answer, discuss the required elements of this tort and the type(s)

Why do you think the participative group management style : Even though the Participative Group Management style ran the most productive department, why do some employers and employees still prefer Exploitative

What is the book value of the debt after 10 years : If the sinking fund is expected to earn 3.89% compounded semi-annually, calculate the annual cost of the bond debt. What is the book value of the debt

Why must vaccination coverage in a susceptible population : Why must the vaccination coverage in a susceptible population always be higher than the herd immunity threshold rather than exactly at this threshold?

How many pasteis de nata should julia purchase from tilman : How many pasteis de nata should Julia purchase from Tilman on a given day? What are Julia and Tilman' expected profits from pasteis de nata sales?

What accounting issues did management face in accounting : Prepare the journal entry (if any) to record the impairment at December 31, 2010. Where should the gain or loss (if any) on the write-down be reported

Examine potential impacts of pharmacotherapeutics : You also examine potential impacts of pharmacotherapeutics used to treat psychological disorders on a patient's pathophysiology.

Identify a project that you are familiar with : Identify a project that you are familiar with, and assess the main characteristics of culture types of the project. Ensure that a detailed discussion is provide

Explaim the inovatice marketing plan : What are the major obstacles you are likely to encounter and how to overcome and explaim the inovatice marketing plan

User Account

All Pages