Question: Hello. Can you please answer this question correctly for me asap? I've asked this question on Chegg before, but they answered incorrectly. Thank you for
Hello. Can you please answer this question correctly for me asap? I've asked this question on Chegg before, but they answered incorrectly. Thank you for your assistance.

The answer is NOT 24920 units.
Demand for a product is normally distributed with a mean of 20,000 and a standard deviation of 3,000. The newsvendor wants to achieve a stockout probability of 0.05 or less. Roundup your answer to the next whole number. What is the minimum number of units to order to achieve this goal? unitsStep by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
