Starting christmas tree business

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Reference no: EM132256443

You are starting a Christmas tree business. You can purchase trees from local farmers at $25 per tree. You are able to sell the trees at $75 per tree. Any leftover trees can be sold to the local wood chip company at $5 per tree.

Assume that the demand follows a uniform distribution ∼U(44,385). How many trees should you stock through the holiday season?

Note: round your answer to the nearest whole number.

Reference no: EM132256443

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