ACCOUNTANC SFM-You are starting a Christmas tree business.
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?