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

Problem 20-6 (Algo) Solve the newsperson problem.

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

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