Mike knows that the cost of making one pumpkin pie is about $4. in

Kroger at Scottsville Road makes fresh pumpkin pies each morning. The daily demand for these pies is a random variable with a distribution estimated from manager Mike’s experience given by

 

Number of pumpkin Probability

 

pies sold in one day

 

0 0.05

 

5 0.15

 

10 0.10

 

15 0.05

 

20 0.20

 

25 0.10

 

30 0.15

 

35 0.05

 

40 0.10

 

45 0.05

 

Mike knows that the cost of making one pumpkin pie is about $4. In the store, pumpkin pies are sold for $10 each. At the end of the day, unsold pumpkin pies are sold to Bowling Green food bank for $1 each. Determine the average number of pumpkin pies sold to Bowling Green food bank (Average Overstock).

 

A.

 

1

B.

 

2

C.

 

2.5

D.

 

3.5

E.

 

5.5

F.

 

7.5

G.

 

8.5

H.

 

10

I.

 

12.5

J.

 

15

K.

 

17.5

L.

 

20.5

 

second question

 

Question 22

 

Kroger at Scottsville Road makes fresh pumpkin pies each morning. The daily demand for these pies is a random variable with a distribution estimated from manager Mike’s experience given by

 

Number of pumpkin Probability

 

pies sold in one day

 

0 0.05

 

5 0.15

 

10 0.10

 

15 0.05

 

20 0.20

 

25 0.10

 

30 0.15

 

35 0.05

 

40 0.10

 

45 0.05

 

Mike knows that the cost of making one pumpkin pie is about $4. In the store, pumpkin pies are sold for $10 each. At the end of the day, unsold pumpkin pies are sold to Bowling Green food bank for $1 each. Determine the average number of customers turned away (Average Understock).

 

 

 

A.

 

1

B.

 

2

C.

 

3.5

D.

 

5.5

E.

 

7.5

F.

 

8.5

G.

 

10.5

H.

 

12.5

I.

 

15

J.

 

17.5

K.

 

18.5

L.

 

20.5

 

third question

 

Question 16

 

Kroger at Scottsville Road makes fresh pumpkin pies each morning. The daily demand for these pies is a random variable with a distribution estimated from manager Mike’s experience given by

 

Number of pumpkin Probability

 

pies sold in one day

 

0 0.05

 

5 0.15

 

10 0.10

 

15 0.05

 

20 0.20

 

25 0.10

 

30 0.15

 

35 0.05

 

40 0.10

 

45 0.05

 

Mike knows that the cost of making one pumpkin pie is about $4. In the store, pumpkin pies are sold for $10 each. At the end of the day, unsold pumpkin pies are sold to Bowling Green food bank for $1 each. How many pumpkin pies should Kroger make at the start of each day?

 

A.

 

0

B.

 

5

C.

 

10

D.

 

15

E.

 

20

F.

 

25

G.

 

30

H.

 

35

I.

 

40

J.

 

45

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