In using marginal analysis with the normal distribution, if marginal profit is less than marginal loss, we

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In using marginal analysis with the normal distribution, if marginal profit is less than marginal loss, we expect the optimal stocking quantity to be

a. greater than the standard deviation.

b. less than the standard deviation.

c. greater than the mean.

d. less than the mean.

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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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