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Suppose a product is selling for $100, with a production cost $30 and shipping cost $10. Assume the company offers free shipping to customers. The

Suppose a product is selling for $100, with a production cost $30 and shipping cost $10. Assume the company offers free shipping to customers. The salvage value for the product is 0. What is the optimal newsvendor critical fractile for this product? Group of answer choices 33.3% 40% 60% 66.7%

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