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Demand Probability Cumulative Probability 0 0.11    1 0.11 2 0.28 3 0.22 4 0.18 5...

Demand Probability Cumulative Probability
0 0.11   
1 0.11
2 0.28
3 0.22
4 0.18
5 0.10
  

  

selling price =125

cost price=80

salvage value=20

What is the optimal order quantity?

What is the corresponding ec\xpected profit??

Please this is a humble request if you can kindly tell me the formula to calculate each cell value for getting the expected profit?? i wanted to know that please tell in detail thanks in advance ?

Math   Statistics-And-Probability   
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