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Use the Table Below to Answer the Following Question(s)

Question 21

Multiple Choice
Use the table below to answer the following question(s).
Below is the spreadsheet for a newsvendor model.
  
Answer the following question(s)using multiple parameterized simulations.The range of the historical data is 40 to 51.
-Which of the following is the best purchase quantity to maximize the expected profit?
A)42 
B)45 
C)48 
D)51

Use the table below to answer the following question(s) .
Below is the spreadsheet for a newsvendor model.
Use the table below to answer the following question(s) . Below is the spreadsheet for a newsvendor model.     Answer the following question(s) using multiple parameterized simulations.The range of the historical data is 40 to 51. -Which of the following is the best purchase quantity to maximize the expected profit? A) 42 B) 45 C) 48 D) 51
Answer the following question(s) using multiple parameterized simulations.The range of the historical data is 40 to 51.
-Which of the following is the best purchase quantity to maximize the expected profit?


A) 42
B) 45
C) 48
D) 51

Correct Answer:

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