Do this for the discrete distributions given in the problem and then do it for normal distributions.

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For the normal case, assume that the regular demand is normally distributed with mean 9800 and standard deviation 1300 and that the demand at the reduced price is normally distributed with mean 3800 and standard deviation 1400.

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Practical Management Science, Revised

ISBN: 9781118373439

3rd Edition

Authors: Wayne L Winston, S. Christian Albright

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Question Posted: Oct 22, 2024 07:02 AM

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Do this for the discrete distributions given in the problem and then do it for normal distributions.

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Practical Management Science, Revised

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