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Which of the following are NOT assumptions of the newsvendor problem? Group of answer choices The only decision to be made is how many units/services
Which of the following are NOT assumptions of the newsvendor problem? Group of answer choices The only decision to be made is how many units/services to order/offer so they can be placed into inventory/scheduled at the beginning of the period. Each application involves a single time period because the product/service cannot be sold later. The demand for the product (service) during the period is known with certainty. Each application involves a single "perishable" product (service)
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