Joe's Coffee Shop has fresh muffins delivered each morning. Daily demand for muffins is approximately normal with a mean

[answerhappygod]

Joe's Coffee Shop has fresh muffins delivered each morning.
Daily demand for muffins is approximately normal with a mean of
2000 and a standard deviation of 150. Joe pays $0.40 per muffin and
sells each muffin for $1.25. Joe and the staff eat any leftovers
they can and throw the rest, instead of feeding homeless. What a
shame! a) Find the optimal order quantity for Joe that minimizes
his cost. Does the number make any sense? Why or why not? b) Using
simulation, create random demand numbers and find the expected
profit from the muffins if Joe orders the optimal order quantity.
Try two other order quantities to illustrate the change in the
expected profit. Provide a short discussion on the relevance of the
optimal order quantity and the mean demand.