Question: Week5 Saved Solve the newsvendor problem. Probability Value 0.11 0.10 2 0.31 3 0.21 4 0.11 5 0.16 6 Purchase cost e=17 Selling price p=

Week5 Saved Solve the newsvendor problem. Probability Value 0.11 0.10 2 0.31 3 0.21 4 0.11 5 0.16 6 Purchase cost e=17 Selling price p= 33 Salvage value v= 10 What is the optimal order quantity? Optimal order quantity

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