Question

In a revenue-sharing supply contract, the wholesale order quantity is 8000 units and the wholesale price...

In a revenue-sharing supply contract, the wholesale order quantity is 8000 units and the wholesale price is $20. The retailer selling price is $36 and the clearance price is $12. For the demand scenario of 6,384 units, the occurrence probability is 0.29. What is the expected profit for this scenario?

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