What is the overage cost of the bookstore

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The hotel also has a small bookstore, where it stocks business newspapers for its customers. It purchases the newspapers from a wholesaler and pays $0.5 per copy, and sells newspapers to customers at $1.0 a copy. Demand for newspapers is normally distributed with mean 50 and standard deviation 9.

What is the overage cost of the bookstore for purchasing a copy of the newspaper?

Reference no: EM132712472

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