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Loretta's Grocery Needs to Know the Kilograms of Pears to Have

Question 125

Essay

Loretta's Grocery needs to know the kilograms of pears to have on hand each day.Each kilogram of pears costs $2.40 and can be sold for $3.40.Unsold pears are worthless at the end of the day.The following demands were found after studying the last six month's sales:
100 kilograms of pears one-fourth of the time
150 kilograms of pears one-half of the time
175 kilograms of pears one-fourth of the time
Required:
Determine whether Loretta's Grocery should order 200, 300, or 400 kilograms of pears.

Correct Answer:

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