Question: a . Specify the order size to the nearest 1 0 0 0 units that VeloScience should commit to in the Chinese contract. Assume VeloScience

.

Specify the order size to the nearest

1000

units that VeloScience should commit to in the Chinese contract. Assume VeloScience has no inventory from the previous year to begin the final year. Build a simulation model and use at least

10000

trials to justify your answer.

(

Hint: test increments of

1000,

from

15, 000

units up to

30, 000

units.

)

What is the new optimal expected profit?

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