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The J8B Card Shop sels calendars featuring a different colonial picture for each month. The once-a-year order for each year's calendar arrives in September. From past experience, the September-to-uly demand for the calendars can be approximated by a normal distribution with u 290 and standard deviation- 20. The calendars cost $8.50 each, and JAB sels them for $19 each. Use Appendix A to determine z-value. Round z-value to two decimal places. Do not round any other intermediate calculations. Round your answers to the nearest whole number. a. Suppose that 368 throws out all unsold calendars at the end of July. Using marginal economic analysis, how many calendars should be ordered? calendars b. If JA selis surplus calendars for $4 at the end of July and can sell all of them at this price, how many calendars should be ordered? calendars

The J8B Card Shop sels calendars featuring a different colonial picture for each month. The once-a-year order for each year's calendar arrives in September. From past experience, the September-to-uly demand for the calendars can be approximated by a normal distribution with u 290 and standard deviation- 20. The calendars cost $8.50 each, and JAB sels them for $19 each. Use Appendix A to determine z-value. Round z-value to two decimal places. Do not round any other intermediate calculations. Round your answers to the nearest whole number. a. Suppose that 368 throws out all unsold calendars at the end of July. Using marginal economic analysis, how many calendars should be ordered? calendars b. If JA selis surplus calendars for $4 at the end of July and can sell all of them at this price, how many calendars should be ordered? calendars

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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eBook The J&B Card Shop sells calendars featuring a different colonial picture for each month. The once-a-year order for each year's calendar arrives in September. From past experience, the September-to-July demand for the calendars can be approximated by a normal distribution with p = 290 and standard deviation = 20. The calendars cost $8.50 each, and JaB sells them for $19 each. Use Appendix A to determine z-value. Round z-value to two decimal places. Do not round any other intermediate calculations. Round your answers to the nearest whole number. a. Suppose that J68 throws out all unsold calendars et the end of July. Using marginal economic analysis, how many calendars should be ordered? calendars b. If JA8 sells surplus calendars for $4 ot the end of July and can sell all of them at this price, how many calendars should be ordered? calendars
Transcribed Image Text:eBook The J&B Card Shop sells calendars featuring a different colonial picture for each month. The once-a-year order for each year's calendar arrives in September. From past experience, the September-to-July demand for the calendars can be approximated by a normal distribution with p = 290 and standard deviation = 20. The calendars cost $8.50 each, and JaB sells them for $19 each. Use Appendix A to determine z-value. Round z-value to two decimal places. Do not round any other intermediate calculations. Round your answers to the nearest whole number. a. Suppose that J68 throws out all unsold calendars et the end of July. Using marginal economic analysis, how many calendars should be ordered? calendars b. If JA8 sells surplus calendars for $4 ot the end of July and can sell all of them at this price, how many calendars should be ordered? calendars
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