A small supermarket is trying to determine how many copies - 94885

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  • From: Mathematics,
  • Posted on: Wed 20 Jan, 2016
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A small supermarket is trying to determine how many copies of PEOPLE magazine it should order next week. The owner believes the demand for PEOPLE is governed by the following discrete random variable: Demand 15 20 25 30 35 The Supermarket pays $1.00 for each copy of PEOPLE and sells it for $1.95. Each unsold copy can be returned for $.50. How many copies of PEOPLE should the store order?
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A_small_supermarket_is_trying_to_determine_how_many_copies_of_PEOPLE_magazine_it_should_order_next_w
A_small_superma...