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Over the past 46 periods, a retailer set its retail price with different values as can be seen in Column B. The retailer observed deferent
Over the past 46 periods, a retailer set its retail price with different values as can be seen in Column B. The retailer observed deferent demands for the different retail price (Column C). How the retailer can set its retaile price for Period 47? Solution procedure: 1. Analyze the demand based on the price by using Regression Analysis (2.5 Points). 2.Use the result of the first step to Minimize the buyer's inventory cost (2.5 Points)
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