Question: ) In a Newsvendor problem with normally distributed demand, if the mean of the demand increases, then Q * a . Increases b . Stays

) In a Newsvendor problem with normally distributed demand, if the mean of the demand increases, then Q*
a.Increases
b.Stays the same
c.Decreases
d.May increase or decrease
5.(2 points) In the same newsvendor problem, if the standard deviation of demand increases, then Q*
a.Increases
b.Stays the same
c.Decreases
d.May increase or decrease
6.(2 point) When is your service level greater than 70% in a newsvendor model with normally distributed demand?
a.When Overage Cost>Underage Cost
b.When Overage Cost

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