$($All answers were generated using $1,000$ trials and native Excel functionality.$)$

average demand$),$ but it wants to conduct an analysis regarding this production quantity before finalizing the decision.

$

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

the profit computed in part $($a$).$

profit associated with each? Round your answers to the nearest dollar.

When ordering $50,000$ units, the average profit is approximately $

When ordering $70,000$ units, the average profit is approximately $

$($d$)$ Besides average profit, what other factors should FTC consider in determining a production quantity? Compare the four production quantities ; and $70,000)$ using all these factors.

If required, round Probability of a Loss to three decimal places and Probability of a Shortage to two decimal places. Round the other answers to the nearest dollar.