eBookThe 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 roundany 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?calendarsb. 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

Given that the September to July demand for the calendars follows normal distribution with mean of…

Answered: The J8B Card Shop sels calendars…

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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