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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 optimal newsvendor critical fractile for the product is determined to be 80%. What is the salvage value for the product? Group of answer choices 13.5 15 23.5 25
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