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The Newsboy The Newsboy

The Newsboy - PowerPoint Presentation

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Uploaded On 2017-10-30

The Newsboy - PPT Presentation

Problem Historical Distribution The Newsvendor Problem Discrete pdf Cost 1800 Sales Price 2500 Salvage Price 1700 Underage Cost 25001800 700 Overage Cost 18001700 100 What is probability of demand to be equal to 130 ID: 601103

units probability cost marginal probability units marginal cost demand expected profit unit equal salvaged sell sold number 2000 ordered

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