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JUST ANSWER FOR b) The University of Miami bookstore stocks textbooks in proparation for sales each semester It normally relies on departmental forecasts and preregistration

JUST ANSWER FOR b) image text in transcribed
The University of Miami bookstore stocks textbooks in proparation for sales each semester It normally relies on departmental forecasts and preregistration records to determine how many copies of a text are needed. Prorogistration shows 95 operations management students enrolled, but bookstore manager Vaidy Jayaraman has second thoughts, based on his intuition and some historical evidence Vaidy believes that the distribution of salos may range from 75 to 95 units, according to the following probability model: This textbook costs the bookstore $65 and sells for $100. Any unsoid copies can be returned to the publisher, les5 a restocking fee and shipping, for a net refund of $30 a) Based on the given information, Vaidy's conditional profits table for the bookstore is: b) The number of copies that the bookstore should stock to achieve maximum expocted value (EMV) is copies

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