Illustrate what is probability that demand will be greater

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Q. Illustrate what is probability that demand will be greater than or equal to a given inventory level (P) such that (or where) expected marginal profit will equal expected marginal loss? Given: Marginal Profit (MP) is $90 and Marginal Loss (ML) is $50.

Q. Explain why proper operations strategy keep changes for companies that are world-class competitors

 

Reference no: EM1374747

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