Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) like to use a simulation model to analyze
All answers were generated using trials and native Excel functionality.
like to use a simulation model to analyze this situation.
a What is the average monthly profit resulting from its policy of stocking pairs of goggles at the beginning of each month? Round your answer to the nearest dollar.
b What is the proportion of months in which demand is completely satisfied? Round your answer to the nearest whole number.
answer to the nearest dollar.
The average difference between the net profit generated by a replenishment level of versus a replenishment level of is $
W It means that monthly replenishment level of
increases profitability.
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