The newsvendor model

This is an introduction to the newsvendor inventory model.
Keywords: inventory, operations management, newsvendor, newsboy, ordering

[@onuryuce9484]

Thank you for lighting up our darkness sir...

[@hanifali2566]

Lol. You taught me everything I needed to learn at a certain moment of time in my life.

[@tymothylim6550]

Thank you very much for this video :) It was very clear and educational for me :)

[@paulinas9747]

How is the expected profit calculated?

[@kismetbridgeforth9131]

Where did the .73 come from?

[@ethansreviews9024]

The Cs/(Cs+Co) formula. Substituting the given values makes 1.77/(1.77+0.64) = 0.
73

[@maximilianwagner2333]

great Video!