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1.Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and a standard

1.Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and a standard deviation of 250. Store A purchases the product for $10 each unit and sells each for $30. Inventory is salvaged for $5. What is its expected profit if Store A's order quantity is 400 units?

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