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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.

True or False?
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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
Thanks
djeghri
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Yesterday
Thanks for your help!!
Ctownsend
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2 hours ago
Thanks
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