Question: uppose that a manager needs to order a component to satisfy next week s demand. The probability that there will be x ( integer )

uppose that a manager needs to order a component
to satisfy next weeks demand. The probability that there will be x (integer)
units of demand is 1/20 where 10< x <=30.
The manager can pay $1 per unit to order some components from a regular
channel in advance. If it turns out that the amount is not sufficient to satisfy
all demands, the manager needs to place an expediting orders at $1.8 per unit to
cover the shortage. Unused component can be sold in the second-hand market
at $0.3 per unit. Determine
1.(8 points) The optimal number of units that the manager should order
from the regular channel;
2.(4 points) The expected number of units of expediting orders;
3.(4 points) The expected total purchase cost (include both regular and
expediting orders);
4.(4 points) The expected salvage value of unused units sold in the second-
hand market

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