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In a Newsvendor problem, the demand is normally distributed with mean 50 and standard deviation 10. Cu = $15, Co = $20. What is the
In a Newsvendor problem, the demand is normally distributed with mean 50 and standard deviation 10. Cu = $15, Co = $20. What is the optimal order quantity? (Choose the closest answer)
a. 45
b. 49
c. 52
d. 55
e. 57
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