Question

A producer of boats has estimated the following distributions of demand for a particular kind of port number of demand is zero 123456 probability is 0.14 0.27 0.27 0.28 0.09 0.04 0.01 each board cost him rupees 70000 and his sell them for 100000 each any board that is left and sold at the end of the session must be disposed of repeat 60000 each how many both should be in stock as to maximize he expected payoff

Answer 1

Answer:

bote was profte by 3 thousands