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Camping Co . , an outdoor retailer, prepares for the upcoming summer season. The demand for a cooler is determined as equally likely to be

Camping Co., an outdoor retailer, prepares for the upcoming summer season. The demand for a
cooler is determined as equally likely to be any value between 250 and 449 units. Each unit costs
$45 and is sold for $70 each. Any unsold stock at the end of the period can be markdown for $30
a unit. What is the optimal order quantity for the period?
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