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Business, 01.04.2021 15:00 Ryan02717

A buyer for Fuzzy Threads, an apparel store, orders ear muffs approximately 6 months before the start of winter. Fuzzy Threads will be holding a March clearance sale to sell any surplus goods leftover after the last day of February. Each set of ear muffs costs $120 and sells for $150. The expectation is for any remaining stock to be sold off during the March sale at the price of $90. You can assume a uniform probability distribution ranging from 200 to 500 items describes the demand. The expected demand is 300. In the context of the single period inventory system, the optimal order size Q* must satisfy the condition . Group of answer choices

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