Solved

A Silk Screen T-Shirt Company Buys T-Shirts and Places Designs

Question 33

Short Answer

A silk screen T-shirt Company buys T-shirts and places designs on them.The cost of the T-shirt is $2.00.Placing the designs on shirts costs $3.00.The shirts sell for $12.Unsold shirts are donated to charity.The monthly demand for T-shirts with designs runs at a mean of 400 and a standard deviation of 50 T-shirts and is approximately normally distributed.What is the profit maximizing number of T-shirts to purchase each month?
____________________ T-shirts

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents