Cheesecake Sales and Donations Narrative
The neighbourhood deli specializes in New York Style Cheesecake. The cheesecakes are made fresh daily and any unsold cheesecake is donated to a food bank. Each cheesecake costs $5 to make and sells for $11. The daily demand for cheesecake (the number the deli could sell if it had a cheesecake for everyone who wanted one) has the following distribution:
-Refer to Cheesecake Sales and Donations Narrative. What is the expected daily profit if the deli makes only two cheesecakes per day?
Correct Answer:
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