Question: Problem 20-6 (Algo) Solve the newsperson problem. Probability 0.16 0.09 0.16 0.22 0.26 0.11 Value 1 2 3 4 5 6 ________________________________________ Purchase cost c

Problem 20-6 (Algo) Solve the newsperson problem. Probability 0.16 0.09 0.16 0.22 0.26 0.11 Value 1 2 3 4 5 6 ________________________________________ Purchase cost c = 16 Selling price p = 50 Salvage value v = 11 ________________________________________ What is the optimal order quantity?

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