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Please solve all paragraphs 4. Complete the following simulation table for purchase of 80 newspaper by computing revenue from sales loss profit from excess demand
Please solve all paragraphs
4. Complete the following simulation table for purchase of 80 newspaper by computing revenue from sales loss profit from excess demand salvage from sale of scrap and daily profit I [Marks -2.5] Cost data Unit cost 0.44 0.60 Unit lost 0.10 Purchase 80 Unit price Lost Profit from Excess Demand Salvage from Sale of Scrap Revenue from Sales 42 Day Daily Profit Demand 70 80 1 2 48 3 36 60 90 4 5 60 6 55 48 36 33 48 48 7 85 110 8 9 48 95 85 10 48 Total
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