Input Data Newsvendor Problem S

Unit purchasing cost $7.50

Unit selling price $10.00 Replication Random Number Random Demand
Unit salvage price $2.50
Order quantity 650 1 0.95519061892377 1000
2 0.5303268827965 700
3 0.790734986869 800
Demand distribution 4 0.1584854761229 600
Cumulated 5 0.87604607238146 900
Probability Demand
probability 6 0.96008742086139 1000
0 0.1 500 7 0.92935071971332 900
0.1 0.2 600 8 0.41288136472952 700
0.3 0.3 700 9 0.70339193600474 800
0.6 0.2 800 10 0.87560440692123 900
0.8 0.15 900 11 0.24499110053772 600
0.95 0.05 1000 12 0.43768492238087 700
13 0.92911799337717 900
14 0.96750451309257 1000
15 0.800194867447 900
16 0.52416294175451 700
17 0.40068134469854 700
18 0.35782547411965 700
19 0.03064824670299 500
20 0.61119955799114 800
21 0.10372333523573 600
22 0.25877016633348 600
23 0.04457019540452 500
24 0.02769300600623 500
25 0.82191859869618 900
26 0.01381478713572 500
27 0.88569734773165 900
28 0.04285788829652 500
29 0.47355387143841 700
30 0.62199283183677 800
31 0.97908761283931 1000
32 0.46006597790465 700
33 0.19506737176597 600
34 0.94546036013662 900
35 0.3623743155355 700
36 0.89481915266243 900
37 0.14237441276066 600
38 0.79923327578728 800
39 0.93455380879916 900
40 0.93613782755822 900
41 0.69683361879494 800
42 0.22830145308388 600
43 0.60854226449315 800
44 0.64865851282507 800
45 0.32645626451232 700
46 0.77998016192241 800
47 0.69823597435168 800
48 0.69991720485517 800
49 0.83717366588714 900
50 0.03778220766548 500
51 0.43775403911018 700
52 0.03932628364231 500
53 0.04017634561071 500
54 0.24215570726689 600
55 0.19909318568428 600
56 0.2475127132241 600
57 0.59311343173707 700
58 0.8225028182272 900
59 0.22066024627232 600
60 0.4164780525864 700
61 0.90687813950015 900
62 0.64776284551592 800
63 0.72603840177991 800
64 0.13828821053098 600
65 0.87383358997088 900
66 0.54736329326429 700
67 0.99826030409992 1000
68 0.25852753168378 600
69 0.03150792637472 500
70 0.85109018609645 900
71 0.22182324636282 600
72 0.11350198185755 600
73 0.46846968127047 700
74 0.88138833151128 900
75 0.38269407752449 700
76 0.83069572615866 900
77 0.91146210612773 900
78 0.73442050149843 800
79 0.96862621326148 1000
80 0.36529188525415 700
81 0.88277451213522 900
82 0.54335453913678 700
83 0.04077347284847 500
84 0.03563483244354 500
85 0.09710079548265 500
86 0.05617909226071 500
87 0.51350915627096 700
88 0.32761105962096 700
89 0.43475155566907 700
90 0.08294947633393 500
91 0.45986323965429 700
92 0.721323338115 800
93 0.74035072158708 800
94 0.7928046022552 800
95 0.10874120832674 600
96 0.85488119031116 900
97 0.81662546363845 900
98 0.76335131750251 800
99 0.7095168904608 800
100 0.89856296431221 900
ewsvendor Problem Simulation Table

Revenue from Selling Revenue from Salvage Purchase Cost Total Profit

$6,500.0 $0.0 $4,875.0 $1,625.0

$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$5,000.0 $375.0 $4,875.0 $500.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$5,000.0 $375.0 $4,875.0 $500.0
$5,000.0 $375.0 $4,875.0 $500.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$5,000.0 $375.0 $4,875.0 $500.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,000.0 $125.0 $4,875.0 $1,250.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
$6,500.0 $0.0 $4,875.0 $1,625.0
Data table for average profit as a
function of the order quantity

Order Quantity Average Profit

$1,407.5
500 $1,250.0
550 $1,322.5
600 $1,395.0
650 $1,407.5
700 $1,420.0
750 $1,350.0
800 $1,280.0
850 $1,138.8
900 $997.5
950 $770.0
1000 $542.5