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Korner Hardware manager Emerson Jones is interested in verifying how many nativity scenes to order for the 12-day holiday season. Past experience points out that demand for such nativity scenes averages nine for each day throughout this 12-day period, with the standard deviation of 3 per day. Demand is approximately normal. Emerson buys the nativity scenes for $24 per unit and sells them for $48 each throughout the season. After Christmas, they’re marked down as sale items for $16 each.

How many units must Emerson order for coming holiday season?

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M914800

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