Question: Consider a local retailer selling date boxes. If date box cost is $32 and sells at $60 with a salvage value of $20, the demand
Consider a local retailer selling date boxes. If date box cost is $32 and sells at $60 with a salvage value of $20, the demand is normally distributed, with a mean of 25 and a standard deviation of 5. What is the optimal stocking level?
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