Amazing Bakers sells bread to 40 supermarkets. It costs Amazing $1,250 per day to operate its plant. The profit per loaf of bread sold in the supermarket is $.025 . Any unsold bread is returned to the Amazing Thrift Store to be sold at a loss of $.015
a. If sales follow a normal distribution with ? = 70,000 and ? = 5,000 per day, how many loaves should Amazing bake daily?
b. Amazing is considering a different sales plan for which the profit per loaf of bread sold in the supermarket is $.03 and the loss per loaf bread returned is $.018 . If ? = 60,000 and ? = 4,000 per day, how many loaves should Amazing bake daily?
a. 71,600 loaves
b. 61,280 loaves
Business