(Solved):
Newsvendor model spreadsheet I The formula for the quantity sold is =MIN (B11,B12). The formula ...
Newsvendor model spreadsheet I The formula for the quantity sold is =MIN (B11,B12). The formula for the surplus quantity is =MAX(0,B12?B11). The formula for the profit is =B14?B5?B12?B6.
Click the icon to view the newsvendor example spreadsheet. The demand must be at least copies for the gasoline mini-mart to break even. (Type a whole number.)