Multiple Choice
If, in a single-period inventory situation, the probabilities of demand being 1, 2, 3, or 4 units are .3, .3, .2, and .2, respectively.If two units are stocked, what is the probability of selling both of them?
A) .5
B) .6
C) .7
D) .8
E) none of these
Correct Answer:

Verified
Correct Answer:
Verified
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