This question is from Business Analytics 2e by James R. Evans (Chapter 11, quest
ID: 3134550 • Letter: T
Question
This question is from Business Analytics 2e by James R. Evans (Chapter 11, question 12)
A gasoline mini-mart orders 25 copies of a monthly magazine. Depending on the cover story, demand for the magazine varies.
The gasoline mini-mart purchases the magazines for $1.50 and sells them for $4.00. Any magazines left over at the end of the month are donated to hospitals and other health-care facilities. Modify the newsvendor example spread-sheet to model this situation.
Investigate the financial implications of this policy if the demand is expected to vary between 10 and 30 copies each month.
How many must be sold to at least break even?
Explanation / Answer
How many must be sold to at least break even?
they most sold at must 30 copies
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