The Fitness Shop is considering ordering a special model exercise machine. Each unit will cost the shop $410 and it will sell for $750. Any units not sold at the regular price will be sold at the year-end model clearance for $340. Assume that demand follows a normal probability distribution with $\mu$= 20 and $\sigma$ = 6. What is the recommended order quantity?

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The Answer of The Fitness Shop is considering ordering a special model exercise machine. Each unit will cost the shop $410 and it will sell for $750. Any units not sold at the regular price will be sold at the year-end model clearance for $340. Assume that demand follows a normal probability distribution with $\mu$= 20 and $\sigma$ = 6. What is the recommended order quantity?

The Fitness Shop Is Considering Ordering a Special Model Exercise μ\muμ

The Fitness Shop Is Considering Ordering a Special Model Exercise $\mu$