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Question 2 (10 points) What are some factors that influence implied uncertainty? How does the implied uncertainty differ between an integrated steel mill that measures

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Question 2 (10 points) What are some factors that influence implied uncertainty? How does the implied uncertainty differ between an integrated steel mill that measures lead times in months and requires large orders and a steel service center that promises 24-hour lead times and sells orders of any size? (10 points) Page 2 of 25

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