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We consider and simulate the supply chain under a wholesale price contract. As mentioned, we use a retail price of $ 1 0 , a
We consider and simulate the supply chain under a wholesale price contract. As
mentioned, we use a retail price of $ a unit production cost of $ and a
monthly demand that is normally distributed with mean and standard
deviation The demand realizations are given in the spreadsheet.
a Under a wholesale price of $ what is the retailers optimal order quantity?
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