Chapter_11_Inventory_Answers - Chapter 11 Finished Good Inventory Management(Excel NORMDISV(probability)=z 1 Cu = $10 $4 = $6 Co = $4 $1.50 = $2.50 P Cu

Chapter_11_Inventory_Answers - Chapter 11 Finished Good...

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1 Chapter 11 Finished Good Inventory Management (Excel: NORMDISV(probability)=z) 7.Co = $0.25, Cu = $0.75 a)How many copies of San Pedro Times should you buy each morning? b)Based on part (a), what is the probability that you will run out of stock?
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