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ACCOUNTANC SFM-You are starting a Christmas tree business.

Question # 00516938
Subject: Accounting
Topic: Accounting
Due on: 04/24/2017
Posted On: 04/24/2017 08:55 AM

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You are starting a Christmas tree business. You can purchase trees from local farmers at $25 per tree. You are able to sell the trees at $55 per tree. Any leftover trees can be sold to the local wood chip company at $5 per tree. Assume that the demand follows a uniform distribution ?U(50,400). How many trees should you stock through the holiday season?

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ACCOUNTANC SFM-You are starting a Christmas tree business.

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