This is a simplified inventory problem suppose that it


Question: This is a simplified inventory problem. Suppose that it costs c dollars to stock an item and that the item sells for s dollars. Suppose that the number of items that will be asked for by customers is a random variable with the frequency function p(k). Find a rule for the number of items that should be stocked in order to maximize the expected income.

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Basic Statistics: This is a simplified inventory problem suppose that it
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