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A daily newspaper is stocked by a coffee shop so its patrons can purchase and read it while they drink coffee. The newspaper costs $
A daily newspaper is stocked by a coffee shop so its patrons can purchase and read it while they drink coffee. The newspaper costs $ per unit and sells for $ per unit. If units are unsold at the end of the day, the supplier takes them back at a rebate of $ per unit. Assume that daily demand is approximately normally distributed with
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