Question: Solve the newspaper problem Probability 0.13 0;.03 0.19 0.16 0.10 0.39 Value 1 2 3 4 5 6 Purchase cost C =45 What is the

Solve the newspaper problem

Probability 0.13 0;.03 0.19 0.16 0.10 0.39

Value 1 2 3 4 5 6

Purchase cost C =45

What is the optimal order Qanity ?

Selling Price P =70

Salvage Value V =25

Selling

=C0 70-45=25

___45__

45+25 =45.55

Please check this answer is wrong

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