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Business, 26.08.2021 20:20 sweetcandy16gaming

Consider a supply chain comprise of two firms - firms A and B. Firm A manufactures a single product for $30/unit, which it sells to firm B for $60. Firm B retails the product for $200. Unsold inventory can be shipped back to firm A (at a cost of $2/unit to firm B), to receive a refund of $45 when the selling season ends. Demand during the selling season is normal with a mean of 500 and a standard deviation of 50. What is the optimal stocking level for firm B

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Consider a supply chain comprise of two firms - firms A and B. Firm A manufactures a single product...
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