A bakery would like you to recommend how many loaves of itsfamous marble rye bread to bake at the beginning of the day. Eachloaf costs the bakery $2.00 and can be sold for $7.00. Leftoverloaves at the end of each day are donated to charity. Research hasshown that the probabilities for demands of 25, 50, and 75 loavesare 35%, 20%, and 45%, respectively. Make a recommendation for thebakery to bake 25, 50, or 75 loaves each morning.
Find the expected monetary value when baking 25 loaves.
Find the expected monetary value when baking 50 loaves.
Find the expected monetary value when baking 75 loaves.
