What is the minimum number of tortillas she should make

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Problem - Maria makes tortillas and sells them from her house. She is eonoemed about purchasing too many ingredients and having to throw away unsold tortillas at the end of the day. It costs her $5.00 to make 100 tortillas and she sells them for $20.00 per 100.

She has kept track of sales and discovered that she can sell 1,500 tortillas about 25% of the time, 1,000 tortillas about 50% of the time and only 500 tortillas the rest of the time.

What is the minimum number of tortillas she should make daily to maximize pro?t? Round to the nearest 100 tortillas.

Reference no: EM132934291

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