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 1,000 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 260 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 280 versus a replenishment level of 260 is $
W. It means that monthly replenishment level of
increases profitability.
 (All answers were generated using 1,000 trials and native Excel functionality.)

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