Consider the following discrete demand distribution for a demand. Demand Probability of Demand 18 19 20...
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Consider the following discrete demand distribution for a demand. Demand Probability of Demand 18 19 20 21 22 0.20 0.10 0.05 0.20 0.30 0.10 0.05 23 24 Selling price $150, Cost-$90, Salvage value=$20 Using marginal analysis, find the optimal service level beta. For example, if beta is 93%, then you will enter 0.93. Enter beta value here: Using marginal analysis, find and enter the optimal quantity to make: Consider the following discrete demand distribution for a demand. Demand Probability of Demand 18 19 20 21 22 0.20 0.10 0.05 0.20 0.30 0.10 0.05 23 24 Selling price $150, Cost-$90, Salvage value=$20 Using marginal analysis, find the optimal service level beta. For example, if beta is 93%, then you will enter 0.93. Enter beta value here: Using marginal analysis, find and enter the optimal quantity to make:
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ANSWER Given data Selling price 150 Cost 90 Salvage v... View the full answer
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
Posted Date:
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