Question: T 1 8 . 7 - 2 . A newspaper stand purchases newspapers for $ 0 . 5 5 and sells them for $ 0
T A newspaper stand purchases newspapers for $ and sells them for $ The shortage cost is $ per newspaper be cause the dealer buys papers at retail price to satisfy shortages The holding cost is $ per newspaper left at the end of the day. The demand distribution is a uniform distribution between and Find the optimal number of papers to buy.
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