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What is the recommended order quantity

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The Fitness Shop is considering ordering a special model exercise machine. Each unit will cost the shop $410 and it will sell for $780. Any units not sold at the regular price will be sold at the year-end model clearance for $300. Assume that demand follows a normal probability distribution with µ = 20 and σ= 6. What is the recommended order quantity?

Reference no: EM132691744

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