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Demand for a product is normally distributed with a mean of 25,000 and a standard deviation of 2,500. The newsvendor wants to achieve a stockout
Demand for a product is normally distributed with a mean of 25,000 and a standard deviation of 2,500. The newsvendor wants to achieve a stockout probability of 0.02 or less.
What is the minimum number of units to order to achieve this goal?
round to the nearest whole number
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