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A store is abIn the Newsvendor model, the optimal service level should beout to launch its new product. The product costs $ 1 0 0

A store is abIn the Newsvendor model, the optimal service level should beout to launch its new product. The product costs $100 and is sold for $300 each. Products unsold at the end of the season are sold to a discount store for $50 each. However, during the selling season, if there is a stockout, the store will issue a $20 gift card to each unsatisfied customer. What is the value for Co?

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