Request for devil''s food whipped-cream layer cake at a

Request for devil''s food whipped-cream layer cake at a local

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Reference no: EM1376891

Request for devil's food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of six per day. The manager estimates it costs $9 to prepare each cake. Fresh cakes sell for $12. Day-old cakes vend for $9 each. What stocking level is suitable if one-half of the day-old cakes are sold and the rest thrown out?

Reference no: EM1376891

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