dogwoof1923 dogwoof1923
  • 28-05-2024
  • Business
Answered

Nick the Newsboy sells between 100 and 150 newspapers each a day and demand is uniformly distributed. Nick pays $.50 for each paper and sells them for $1.00 each. He can sell each leftover paper to the fish merchant for $.10 each.

a. What is the calculated service level that Nick should operate at each day?



Answer :

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