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Business, 15.10.2019 19:30 jhanley4637

Asmall market orders copies of a certain magazine for its magazine rack each week. let x 1⁄4 demand for the magazine, with pmf
x 1 2 3 4 5 6 p(x) 1/15 2/15 3/15 4/15 3/15 2/15 suppose the store owner actually pays $2.00 for each copy of the magazine and the price to customers is $4.00. if magazines left at the end of the week have no salvage value, is it better to order three or four copies of the magazine?

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