A person pays $0.30 for each paper, sells the paper for $0.80. If he stocked exactly 80

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A person pays $0.30 for each paper, sells the paper for $0.80. If he stocked exactly 80 papers, standard deviation is 5 papers.

what is the optimal stocking level?

A. >79 but not >80

B. not >79

C. >80 but not >81

D. >81 but not >83

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Survey of Accounting

ISBN: 978-0538749091

5th Edition

Authors: Carl S Warren

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Posted Date: Nov 21, 2022 06:09 AM

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A person pays $0.30 for each paper, sells the paper for $0.80. If he stocked exactly 80

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C 80 but not 81 The optimal stocking level is ... View the full answer

Survey of Accounting

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