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(Solved): A bookstore must decide on how many calendars to order for next year. Each calendar costs $2.25 a ...



A bookstore must decide on how many calendars to order for next year. Each calendar costs​ $2.25 and is sold for​ $4.50. After January​ 1, any unsold calendars are returned to the publisher for a refund of​ $1.00 each. The distribution of demand is normally distributed with mean 500 and standard deviation 100. To the next​ unit, how many calendars should the bookstore​ order?



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