Question
given period demand for an item is equally likely to be any value between 100 and 199 units. each unit of the item costs 75
given period demand for an item is equally likely to be any value between 100 and 199 units. each unit of the item costs £75 and can be sold for £100. at the end of the period all unsold stock is passed to a recycler who pays £25 a unit. how many units would you buy for the period?
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
538476125, 978-0538476126
