Business, 19.08.2021 01:00 jamiahfernandes14

Suppose that you are able to buy papaya at the wholesale price of $1/lbs and sell it for $4/lbs. Suppose demand is Poisson-distributed with a mean of 100? Which of the following is true? a. The optimal stocking level is higher than 100
b. The optimal stocking level is lower than 100
c. The optimal stocking level is equal to 100

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Suppose that you are able to buy papaya at the wholesale price of $1/lbs and sell it for $4/lbs. Sup...

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