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Management Studies

You are starting a Christmas tree business. You can purchase trees from local farmers at $25 per tree. You are able to sell the trees at $75 per tree. Any leftover trees can be sold to the local wood chip company at $5 per tree. Assume that the demand follows a uniform distribution ?U(71,385).

How many trees should you stock through the holiday season? Note: round your answer to the nearest whole number.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93133391

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