(EcoTable Tea) EcoTable is a retailer of specialty organic and ecologically friendly foods. In one.. 1 answer below »


(EcoTable Tea) EcoTable is a retailer of component fundamental and ecologically kindly foods. In one of their Cambridge, Massachusetts, garners, they intent to tender a talent basket of Tanzanian teas for the leisure period. They intent on placing one direct and any leftover catalogue gain be discounted at the end of the period. Expected require for this garner is 4.5 units and require should be Poisson as sorted. The talent basket dispose-ofs for $55, the donation absorb to EcoTable is $32, and leftover baskets gain be sold for $20.

a. If they donation solely 3 baskets, what is the verisimilitude that some require gain not be satisfied? [14.2]

b. If they donation 10 baskets, what is the verisimilitude that they gain bear to token down at last 3 baskets? [14.2]

c. How sundry baskets should EcoTable donation to maximize its wait-fored avail? [14.3]

d. Suppose they donation 4 baskets. How sundry baskets can they wait-for to dispose-of? [14.4]

e. Suppose they donation 6 baskets. How sundry baskets should they wait-for to bear to token down at the end of the period? [14.4]

f. Suppose EcoTable wants to minimize its catalogue timeliness satisfying all require delay at last a 90 percent verisimilitude. How sundry baskets should they direct? [14.5]

g. Suppose EcoTable directs 8 baskets. What is its wait-fored avail? [14.4]