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Consider a newsvendor model setting where the unit selling price is $ 1 1 / unit , the unit cost is $ 3 / unit
Consider a newsvendor model setting where the unit selling price is $unit the unit cost is $unit and the unit loss of goodwill cost is $ Suppose that the items left over at the end of the inventory cannot be salvaged.a point What is the critical ratio?b point What is the optimal order quantity if the demand is a continuous random variable such that X~Uc point What is the optimal order quantity if the demand is a triangular random variable such that the minimum value is the maximum value is and the most likely value is
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