Should you make more or less than pies to sell


Problem

You face an uncertain selling period for your homemade ples. On average, you think you can sell 45 ples. Your costs per pie are $2.50 and each pie sells for $4.50. Any unsold leftovers have no retail value and are donated to a homeless shelter. Should you make more or less than 45 pies to sell, in order to maximize expected profit?

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