Question: Solve the newsvendor problem. Probability 0 . 2 0 . 1 0 . 1 0 . 2 0 . 3 0 . 1 Value 1

Solve the newsvendor problem.
Probability 0.20.10.10.20.30.1
Value 123456
Purchase cost c =15
Selling price p =25
Salvage value v =10
What is the optimal order quantity?
Optimal order quantity

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