Weekly demand for tennis balls at The Racquet Club is normally distributed, with a mean of 35
Question:
(a) Simulate 52 weeks of demand and calculate the average weekly profit. Make all demand values integers in your model.
(b) What is the probability that weekly profit will be $2,000 or more?
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Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9780136115830
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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