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Newsvendor Order Quantity: Bakery A sells bread for $ 3 per loaf that costs $ 1 per loaf to make. Bakery A gives a 7
Newsvendor Order Quantity: Bakery A sells bread for $ per loaf that costs $ per loaf to make. Bakery A gives a discount for its bread at the end of the day. If the loaf is out of stock, customers will buy another type of bread loaf from Bakery A that type of loaf is always available and costs cents per loaf to make for $ per loaf. Demand for the bread is normally distributed with a mean of and a standard deviation of What order quantity, Q value maximizes expected profit for Bakery A
Newsvendor Order Quantity: Bakery A sells bread for $ per loaf that costs $ per loaf to make. Bakery A gives a discount for its bread at the end of the day. If the loaf is out of stock, customers will buy another type of bread loaf from Bakery A that type of loaf is always available and costs cents per loaf to make for $ per loaf. Demand for the bread is normally distributed with a mean of and a standard deviation of What order quantity, Q value maximizes expected profit for Bakery A
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