Question: inventory forecast analytic QUESTION 14 Based on the information and values in the table below for the Newsvendor problem (or single period model), what is

inventory forecast analytic

QUESTION 14 Based on the information and values in the table below for the Newsvendor problem (or single period model), what is the cost of overstocking? Select the closest answer. Parameter Unit purchase cost (incl. transportation, etc.) Unit sales price Unit salvage value Unit disposal cost Cost of overstocking Cost of understocking Average demand/season Std. deviation of demand/season In-stock rate Std. normal variate Newsvendor quantity Value 50.00 100.00 30.00 Notation $ SP $ Gsv $ Gdc $ Co Cu D 150.0 30.0 SD F(Q*) Z Q* $70 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers WarehouseData(1).xlsx SalesData(5).xlsx PP Case Study....pptx F(Q*) In-stock rate Std. normal variate Newsvendor quantity Z Q* $70 $80 $50 $20 $130

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