Business, 11.05.2021 23:20 jendun123ovrxij

The J&B Card Shop sells calendars which it purchases once each year. Demand for calendars follows approximately a normal distribution with mean 2000 and standard deviation 50. The calendars cost $2.98 each and J&B sells them for $10.01. At the end of the selling season J&B can sell any surplus calendars for $0.90 What would be the optimal order quantity?

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The J&B Card Shop sells calendars which it purchases once each year. Demand for calendars follow...

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