Question: Problem 20-6 (Algo) Solve the newsperson problem. Probability 0.20 Value 1 0.10 2 0.10 3 0.16 4 0.10 5 0.39 6 Purchase cost c Selling

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

Problem 20-6 (Algo) Solve the newsperson problem. Probability 0.20 Value 1 0.10 2 0.10 3 0.16 4 0.10 5 0.39 6 Purchase cost c Selling price p Salvage value v 45 70 10 What is the optimal order quantity? Answer is complete but not entirely correct. Optimal order quantity 6

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