uncertain demand

Project Description:

exercise for uncertain demand


in a given period demand for an item is equally likely to be any value between 100 and 199 units. each unit of the item costs £75 and can be sold for £100. at the end of the period all unsold stock is passed to a recycler who pays £25 a unit. how many units would you buy for the period?
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Project Stats:

Price Type: Fixed

Project Budget: $0 to $10
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Total Proposals: 7
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