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Newsvendor model spreadsheet A B 1 Newsvendor Model 2 Data 5 Selling price $3.92 6 Cost $1.69 7 Discount price $0 8 9 Model 0

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Newsvendor model spreadsheet A B 1 Newsvendor Model 2 Data 5 Selling price $3.92 6 Cost $1.69 7 Discount price $0 8 9 Model 0 11 Demand 10 12 Purchase Quantity 25 13 14 Quantity Sold 15 Surplus Quantity 16 17 Profit The formula for the quantity sold is =MIN(B11,B12). The formula for the surplus quantity is =MAX(0,B12-B11). The formula for the profit is =B14*85-B12*B6.Homework: Chapter 11

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