COMM 225 Question: I dont know how to solve a! (which means i dont - TopicsExpress

COMM 225 Question: I dont know how to solve a! (which means i dont know how to solve b) ) :( how do I do this? Q5 (Ref: Q. 12.37, p457 of textbook): A small grocery store sells fresh produce, which it obtains from local farmers. During the strawberry season, demand for fresh strawberries at the store can be reasonably approximated using a Normal distribution with a mean of 40 liters per day and a standard deviation of 6 liters per day. Excess cost is 35 cents per liter. The grocer orders 49 liters per day. (a) What is the implied cost of shortage per liter? (b) Why might this be a reasonable figure?

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