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hello everyone in this session we will introduce single period model so what is single parent model singapur the model is also called a new slender model so this is a model for uttering perishable goods and other items with limited useful lives so newspaper is a typical example so every day the new standard will get a copies from the publisher and the life of these newspapers will be only one day by the end of the day if they cannot sell the newspaper everything left cannot be returned and the only things you can do is they can just maybe do it with add some waste papers so similar goods are widely seen in almost everywhere for example if we look at the grocery stores almost all the fresh vegetables and fruit are perishable so when the order the goods the only thing that they can do by the end its just through the maybe the rotten fresh vegetable or fruit away so this is why it is called a news vendor model we have only chance to decide all make the order pretty much once and the life