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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 Sellin
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0.11 0.31 0.21 0.11 0.16 Probability Value Cumulative 1 3 4 0.11 0.21 0.52 0.73 0.84 1 Cost of underestimating the demand Cu

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