Question: In the inventory management model and the Excel file Inventory Management.xls ( uploaded at the course website ) , suppose you had other alternatives: (
In the inventory management model and the Excel file Inventory Management.xls uploaded at the course website suppose you had other alternatives: doing some negotiation to get the unit wholesale cost down to $ from $; charging $ unit retail rather than $ during the peak period. Assume that the clearance unit retail prices are the same $ Which would be better? Based on your comparison of what seems to be the biggest most profitable value of h from each of the two alternatives. Try to do a sort of statistical analysis of the results if you can.
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