A retailer purchases cherries every morning cherries every morning at Rs.50 a case and sells them for Rs.80 a case. A case remaining unsold at the of the day can be disposed of next day at a salvage value of Rs.20 per case (thereafter they have no value).Past sales have ranged from 15 to 18 cases per day. The following is the record of sales for the past 120 days: Cases sold : 15 16 17 18 Number of days: 12 24 48 36 Find how many cases the retailer should purchase per day to maximize his profit.
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