Course Solutions Uncategorized (Answered) : Run Flower Stand City Center Sell Bouquets Flowers Opening Hours 9 00 12 00 Pm Every Day O Q34191232

(Answered) : Run Flower Stand City Center Sell Bouquets Flowers Opening Hours 9 00 12 00 Pm Every Day O Q34191232

You run a flower stand in the city center where you sell bouquets of flowers. Your opening hours are from 9:00 AM until 12:00 PM and every day before you open your business, you have to decide how many bouquets to prepare. You do not have the possibility to make additional bouquets once your business has opened. A bouquet of flowers costs 9 in raw material and is sold for a price of 29. Once your business day ends, any remaining unsold bouquets are worthless. The probability distribution of the demand D for your bouquets during the opening hours 

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