PROBLEM #7
How many T-shirts should be
ordered?
A 4th of July celebration T-shirt for this year will cost festival organizers $12 each and will
sell for $25 before and on July 4th. Any unsold T-shirts can usually be disposed of at a
discount after the festival for $5 each. If demand is normally distributed with a mean of
1,800 T-shirts and a standard deviation of 75, how many T-shirts should be ordered?
Answer in the Blue Sheet Below
(You must show all formulas, calculations, and "highlight" correct Answers)