Question: Modify the decision-tree model in Figure 11.13 to use the extended Swanson-Megill (ES-M) approximation for demand instead of the EPT approximation. Use your ES-M model

Modify the decision-tree model in Figure 11.13 to use the extended Swanson-Megill (ES-M) approximation for demand instead of the EPT approximation.
Use your ES-M model to calculate expected profit for Order-Quantity values 600, 650, 700, 750, and 800. How do your results compare to those in Figure 11.14?
Figure 11.13

Figure 11.14

(ES-M) approximation for demand instead of the EPT approximation.Use your ES-M model

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