Question: Problem 1 1 - 6 ( Algo ) Solve the newsvendor problem. Probability 0 . 1 5 0 . 1 6 0 . 1 8

Problem 11-6(Algo)
Solve the newsvendor problem.
Probability 0.150.160.180.180.140.19
Value 123456
Purchase cost c =20
Selling price p =28
Salvage value v =15
What is the optimal order quantity?

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