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Assignment Content No Quiz in this unit. Please submit homework on these 2 questions. Question 1 - Discuss the news vendor model. Provide examples

Assignment Content No Quiz in this unit. Please submit homework on these 2 questions. Question 1 - Discuss the news vendor model. Provide examples of a single period and multiperiod case (P-Policy). Question 2 - Why is it difficult to estimate backorder cost? Responses to both questions should be about a short paragraph. Submission

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