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Posting calculates the recommended order quantity.

The Fitness Shop is considering ordering a special model exercise machine. Each unit will cost the shop $410 and it will sell for $750. Any units not sold at the regular price will be sold at the year-end model clearance for $340. Assume that demand follows a normal probability distribution with u = 20 and Standard Deviation = 6. What is the recommended order quantity?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9738581

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