Suppose that Dr. Su really want to get out of academia for more$$ but driving for Uber/Lyft may not be the best option. He decidesto start a new wholesale business and now sells high-endelectronics to a retailer called Ultimate Vision (UV). UV purchaseseach unit from Dr. Su for $75 and retails them for $115. Dr. Su’ssourcing cost from a mysterious supplier is $35. At the end of theseason, UV estimates the salvage value is only about $25 each unit.UV believes this season’s demand can be represented by a normaldistribution with a mean of 250 and a standard deviation of125.
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