Business
Business, 19.12.2019 19:31, allieflow5380

Store a uses the newsvendor model to manage its inventory. demand for its product is normally distributed with a mean of 500 and a standard deviation of 300. store a purchases the product for $10 each unit and sells each for $25. inventory is salvaged for $5. what is its maximum profit? $5000 $12,500 $7500 $8000

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