Question: Notation SP G Parameter Unit purchase cost (incl. transportation, etc.) Unit sales price Unit salvage value Cost of overstocking Cost of understocking Average demand/season Std.

Notation SP G Parameter Unit purchase cost (incl.

Notation SP G Parameter Unit purchase cost (incl. transportation, etc.) Unit sales price Unit salvage value Cost of overstocking Cost of understocking Average demand/season Std. deviation of demand/season $ $ $ $ $ Value 265.6 499.5 149.9 115.70 233.90 12,642 3,984 CO Cu D OD 1) How many units of the netbook should the retailer order (keeping in mind that the goal is to minimize total costs)? Answer: units 2) What is the expected total cost in this case

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