Consider Modern Active MBA, a periodical dedicated to selecting an MBA program and getting the most out
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Question:
Consider Modern Active MBA, a periodical dedicated to selecting an MBA program and getting the most out of the experience. The publisher charges the Penn Bookstore $1.50 for each copy of MAMBA sold. It costs the publisher $0.35 to print and deliver each copy of the magazine. Left over copies are discarded at a cost of $0.05 per copy to the publisher. If it were up to the publisher, how many copies of a particular issue of MAMBA should the publisher stock at the bookstore when the forecast of demand is normally distributed with a mean of 40 and a standard deviation of 22?
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Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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