Determine the optimal ordering policy in the case of a single period inventory model with no setup cost instantaneous stock replenishment and amount demanded is a continuous random variable.
In this question I am confused about whether the question is asking about deterministic model or stochastic models , because generally if demand is variable as given in the question then it must be stochastic, but I am not able to understand the significance of information regarding the setup cost and 'single period inventory model'.