How many bagels should the store have

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Problem: How many bagels should the store have at 3 P.M. to maximize the store's expected profit (from sales between 3 P.M. until closing)? (Hint: Assume day-old bagels are sold for $0.99/6 = $0.165 each; i.e., don't worry about the fact that day-old bagels are sold in bags of six.)

Reference no: EM133540763

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