Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) produce 6 0 , 0 0 0 units
All answers were generated using trials and native Excel functionality. produce units the same as average demand but it wants to conduct an analysis regarding this production quantity before finalizing the decision. net profit. What is the profit when demand is equal to its average units estimate of the average profit associated with the production quantity of dolls? Round your answer to the nearest dollar.
How does this compare to the profit corresponding to the average demand as computed in part a
The average profit from the simulation is he profit computed in part a sign.
When ordering units, the average profit is approximately $
When ordering units, the average profit is approximately $ factors. minus sign.
Production
Average
Profit Standard
Maximum
Probability of
Probability of
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