Use the Table Below to Answer the Following Question(s)

question 29

Multiple Choice

Use the table below to answer the following question(s) .
Below is the spreadsheet for a newsvendor model.

Answer the following question(s) using multiple parameterized simulations.The range of the historical data is 40 to 51.
-Which of the following values of purchase quantity shows the least mean profit?

• A)42
• B)45
• C)48
• D)51

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Definitions:

Write Stories

The act or art of creating narratives, whether fictional or based on real events, expressed through written words.

Moral Failure

A situation or behavior that falls short of ethical or moral standards.

Responsibility

Responsibility involves being accountable or answerable for actions or decisions, either individually or in a collective sense.

Competence

The ability to do something successfully or efficiently.