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Business, 22.11.2019 06:31 ishmaya43

3. green thumb, a manufacturer of lawn care equipment, has introduced a new product. each unit costs $150 to manufacture, and the introductory price is $200. at this price, the anticipated demand is normally distributed with a mean =100 and a standard deviation of =40. any unsold units at the end of the season will be sold at post=season sale for $50 each. it costs $20 to hold a unit in inventory for the entire season. (15 points total) a. how many units should green thumb manufacture for sale? (5 points) b. what is the expected profit from this policy? (5 points) c. on average, how many customers does green thumb expect to turn away because of stocking out? (5 points

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