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Cyco Cyco
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6 years ago
In the optimal decision rule using marginal analysis for the single period model, we will stock an additional unit as long as the probability of selling one or less unit is less than the ratio ML/(ML + MP) where ML is marginal loss and MP is marginal profit.

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Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
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VitatVitat
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6 years ago
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Cyco Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
jbarnett14
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Just got PERFECT on my quiz
gmiannotti
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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