Question: The coming customer will choose Able when Able and Baker are free. What if the customers choose randomly instead of Able (50% for Able, 50%
The coming customer will choose Able when Able and Baker are free. What if the customers choose randomly instead of Able (50% for Able, 50% for Baker). Make the required changes to reflect this in your work. 4.1 Simulating the News Dealers Problem Consider the following demand distribution instead of the one provided in the book: Demand (D) Probability (P_D) 55 0.2 65 0.3 75 0.3 85 0.2 What is the best order quantity among values of 50, 60, 70, and 80? Note: Compress Excel and Word files of the answers
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