In a single-period inventory situation, the probabilities that demand will be 1, 2, 3, or 4 units are 0.3, 0.3, 0.2, and 0.2, respectively. If two units are stocked, what is the probability of selling both of them?
A)0.5
B)0.6
C)0.7
D)0.8
E)0.9

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The Answer of In a single-period inventory situation, the probabilities that demand will be 1, 2, 3, or 4 units are 0.3, 0.3, 0.2, and 0.2, respectively. If two units are stocked, what is the probability of selling both of them?
A)0.5
B)0.6
C)0.7
D)0.8
E)0.9

In a Single-Period Inventory Situation, the Probabilities That Demand Will