A popular newsstand in a large metropolitan area is attempting to determine how many copies of the Sunday paper it should purchase each week.

A popular newsstand in a large metropolitan area is attempting to determine how many copies of the Sunday paper it should purchase each week. Demand for the newspaper on Sundays can be approximated by a Normal distribution with μ = 450 and σ = 100. The newspaper costs the newsstand 50 cents/copy and sells for $2/copy. Any copies that go unsold can be taken to a recycling center, which will pay 5 cents/copy.b)