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Which of the following is a true statement about the newsvendor model? Group of answer choices The price of the product does not influence the
Which of the following is a true statement about the newsvendor model? Group of answer choices The price of the product does not influence the optimal quantities in the model. The optimal order quantity is generally 1.3 times the A/F ratio. The optimal order quantity could be equal to the expected demand. Larger standard deviation of demand always leads to larger order quantity. None of the above
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