The buzz campus eatery offers a specific type of biscuits for $1.5 eac

QUESTION

The buzz campus eatery offers a specific type of biscuits for $1.5 each from 8am to 3pm. The biscuits are ordered from a supplier at the start of each day and delivered before the store opens. The supplier charges 75 cents per biscuit. If, at 3pm, some biscuits are left, the buzz people mark down th
Biscuits Selling Price Total Sales Cost Profit before Cupone Cost Net Profit ($ 1.125) Each Free Cupone $0.15 each 40 1.5 60 45 15 6 9 41 1.5 61.5 46.125 15.375 6.15 9.225 42 1.5 63 47.25 15.75 6.3 9.45 43 1.5 64.5 48.375 16.125 6.45 9.675 44 1.5 66 49.5 16.5 6.6 9.9 45 1.5 67.5 50.625 16.875 6.75 10.125 If he sold 45 Biscuits he will get Profit of $10.125, there is only 10%

obability to sell 45 Biscuits. But as per probability: =(40*0.1) (41*0.15) (42*0.25) (43*0.25) (44*0.15) (45*0.1) = 42.5 customers will come. if he order 42 biscuts he can get Profit $9.45 if he order 43 biscuts he can get Profit of $9.675Thank you..

ANSWER:

CLICK REQUEST FOR  AN EXPERT SOLUTION