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Mathematics, 08.09.2021 21:10 madisonsessums8
Jack Schoppe is evaluating two locations for starting a QuizYes toasted sub outlet. The demand in location A is normally distributed with a mean of 150 subs a day with a standard deviation of 50. Location B’s daily demand averages at 160 with a standard deviation of 75. In both locations Jack will be able to sell his subs for $6.00 each. The meat/veggies for the subs cost about $3.00 per sub. Since they can be refrigerated, meat and veggies can be stored without wastage if there are leftovers at the end of a business day. If he opens one of the outlets, Jack must order fresh bread (for subs) every day from a centralized QuizYes Bakery and dispose of the remaining breads at the end of the day. The Bakery charges $1.00 per bread.
Required:
a. How many units of bread should Jack buy per day from the Bakery if he opers outlet in location A?
b. How many units of bread would he need to order in location B?
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Jack Schoppe is evaluating two locations for starting a QuizYes toasted sub outlet. The demand in lo...
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