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Business, 04.03.2020 17:03 ggdvj9gggsc

Suppose the store owner actually pays $1 to buy each copy of the magazine and sells to customers for $2 per copy. If magazines left at the end of the week have no salvage value and any unmet demand is lost, then is it better to stock 3 or 4 copies of the magazine at the start of a week to mazimize the expected profit?

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Suppose the store owner actually pays $1 to buy each copy of the magazine and sells to customers for...
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