An ice-cream store makes 150 ice-cream balls every day. The cost of making each ice-cream ball is $3. The price of an ice-cream ball is $8. The demand distribution is as follows: 100 ice-cream balls with probability 25%, 150 ice-cream balls with probability 50%, and 200 ice-cream balls with probability 25% .
a. What is the store’s expected profit every day?
b. If the store decides to make 200 ice-cream balls every day, what is the store’s expected profit every day?
pls help me, this hw is due tmr!!! thanks!!!