Pedro Arantes
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#optimization

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Newsvendor Model
This model creates an scenario in which a newspaper vendor must decide how many copies of the day's paper to stock in the face of uncertain demand and knowing that unsold copies will be worthless at the end of the day.
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On Tuesday (not weekly), I publish my most recent readings and thoughts. Subscribe to my newsletter if you want to follow posts about #startups, #product-development, #mental-models, and more.

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