Question 2: Fill in the simulation table (Inventory System) for the purchase of 80 newspapers with Revenue from sales, Lost profit from excess demand and salvage from sale of scrap and profit for the first two days based on values in below given table. (2 Marks) Unit cost Purchase Price) 0.50 $ Unit price Sell Price) 0.80 $ Unit lost Lost Profit from Excess Demand) 0.30 $ Unit refund(Salvage Value) 0.05 $ Newspaper Purchased daily 80 Day Demand Revenue from Sales Lost Profit from Excess Demand Salvage from Sale of Scrap Daily Profit 1 90 2 50 3 100 4. 70 Total |