A gasoline mini-mart orders

25 copies of a monthly magazine. Depending on the cover story, demand for the magazine varies. The mini-mart purchases the magazines for

$1.68

and sells them for

$3.82.

Any magazines left over at the end of the month are donated to hospitals and other health care facilities. Modify the newsvendor example spreadsheet to model this situation. Use what-if analysis to investigate the financial implications of this policy if the demand is expected to vary between

10

and

30

copies each month.

The demand must be at least

enter your response here

copies for the gasoline mini-mart to break even.

A B 1 Newsvendor Model 2 3 Data 4 5 Selling price $3.82 6 Cost $1.68 7 Discount price $0 8 9 Model 0 11 Demand 10 12 Purchase Quantity 25 13 14 Quantity Sold 15 Surplus Quantity 16 17 Profit