16 A vender sells fresh flowers bundled into small units. He waits for his supplier to deliver fresh units of following probability distribution of daily demand for this item: Probability Demand O 1 2 2096 4096 2596 unit cost to acquire - $.60; unit selling price - S120; Salvage value (from a charitable organization) - 5.20 order each day to maximize profit over the long-term? per unit. Using net profit as a payoff, and the expected value criterion, how many units should the vendor b. 2 d. 4 17. Refer to the previous question. The most the vendor should be willing to pay for any information concern a $1.29 demand is: b. $0.90 $1.39 $0.39 d