ABC Grocery needs to know the kilograms of bananas to have on hand each day. Each kilogram of bananas costs $0.25 and can be sold for $0.40. Unsold bananas are worthless at the end of the day. The following demands were found after studying the last six month's sales:
200 kilograms of bananas one-fourth of the time
300 kilograms of bananas one-half of the time
400 kilograms of bananas one-fourth of the time
Required:
Determine whether ABC Grocery should order 200, 300, or 400 kilograms of bananas.

Question

ABC Grocery needs to know the kilograms of bananas to have on hand each day. Each kilogram of bananas costs $0.25 and can be sold for $0.40. Unsold bananas are worthless at the end of the day. The following demands were found after studying the last six month's sales: 
200 kilograms of bananas one-fourth of the time
300 kilograms of bananas one-half of the time
400 kilograms of bananas one-fourth of the time
Required:
Determine whether ABC Grocery should order 200, 300, or 400 kilograms of bananas.

Quizplus · Accepted Answer

The Answer of ABC Grocery needs to know the kilograms of bananas to have on hand each day. Each kilogram of bananas costs $0.25 and can be sold for $0.40. Unsold bananas are worthless at the end of the day. The following demands were found after studying the last six month's sales: 
200 kilograms of bananas one-fourth of the time
300 kilograms of bananas one-half of the time
400 kilograms of bananas one-fourth of the time
Required:
Determine whether ABC Grocery should order 200, 300, or 400 kilograms of bananas.

ABC Grocery Needs to Know the Kilograms of Bananas to Have