Henriques correas bakery prepares all its cakes between 4am, Ask an Expert

Management Studies

Henrique's Correa's bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day-old cakes are virtually always sold but at a 50% discount off the regular $10 price. The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9372159

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