Business, 03.08.2021 04:00 PinkDivaGirl02

Dallas Mavericks’ owner Mark Cuban proved his business intelligence once again with the acquisition of star player Kristaps Porzingis. To benefit from this blockbuster trade even further, Cuban plans to sell one-time-only special edition Porzingis jerseys at a price of $380 each during the first month of the season. The production cost for each of these jerseys would be $100 thanks to their golden details, and any unsold jersey during October will be sold for $80 during November. Knowing the fan base for years, Cuban estimates demand for these special edition jerseys to follow a normal distribution with a mean of 10,000 units and a standard deviation of 2,000. Required:
How many special edition jerseys should Cuban produce to sell in his resort?

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Dallas Mavericks’ owner Mark Cuban proved his business intelligence once again with the acquisition...

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