
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
Correct Answer:
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