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2 . The probability distribution of the monthly sales of an item is as follows:Daily Sales ( units ) O - NProbability 0 . 0
The probability distribution of the monthly sales of an item is as follows:Daily Sales units ONProbabilityThe cost of carrying inventory unsold during the day is Rs per unit per day and the cost of unit shortage is Rs Determine the optimum stock to minimize the expected cost and also calculate EVPI.
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