Optimal Ordering Strategy for Goods at Multiple Retail Prices under Simultaneous Sales

Table 5

(a) Expected profit without order quantity constraint when demand standard deviation increases

	Expected profit of	Expected profit of	Expected profit of	Expected profit of	Expected profit of
1	7684.66	7240.92	6797.16	6352.40	5903.54
2	12399.92	11837.93	11275.94	10713.89	10150.72
3	13574.96	12843.67	12112.37	11380.56	10644.38

(b) Expected profit with order quantity constraint when demand standard deviation increases

	Expected profit of	Expected profit of	Expected profit of	Expected profit of	Expected profit of
1	7384.45	6640.51	5896.53	5168.73	5083.21
2	12394.99	11695.56	10938.99	10167.57	9388.90
3	11634.22	10956.92	10078.31	9137.94	8170.12