How does leahs optimal order quantity change


Problem

Leah Sanchez might have a different objective than maximizing expected profit. How does her optimal order quantity change if her objective is to minimize leftovers? What if her objective is to maximize the probability of making a profit of at least $5,200? What if her objective is to minimize leftovers given that the 5th percentile of profit is at least $5,200?

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Econometrics: How does leahs optimal order quantity change
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