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Mathematics, 30.11.2020 01:00 katherineweightman
A newsvendor keeps careful records of the number of papers he sells each day and the various costs that are relevant to his decision regarding the optimal number of news- papers to purchase. For what reason might his results be inaccurate? What would he need to do in order to accurately measure the daily demand for newspapers?
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A newsvendor keeps careful records of the number of papers he sells each day and the various costs t...
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