Business
Business, 18.02.2021 22:40, juicemankinnie95

The demand for Carolina Industries' product varies greatly from month to month. Based on the past two years of data, the following probability distribution shows the company's monthly demand: Unit Demand Probability 400 0.2 500 0.3 600 0.35 700 0.15 If the company places monthly orders equal to the expected value of the monthly demand, what should Carolina's monthly order quantity be for this product

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The demand for Carolina Industries' product varies greatly from month to month. Based on the past tw...

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