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    Quantitative Analysis for Management
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    Exam 18: Decision Theory and the Normal Distribution
  5. Question
    If D = 075, S = 500, K = 6, and the Selling
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If D = 075, S = 500, K = 6, and the Selling

Question 54

Question 54

Short Answer

If D = 0.75, s = 500, K = 6, and the selling price/unit = 5, determine EOL.

Correct Answer:

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EOL = Kσ N(D)= 6 (50...

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