Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) regarding this production quantity before finalizing the decision.

(All answers were generated using 1,000 trials and native Excel functionality.)
regarding this production quantity before finalizing the decision.
$
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 i
the profit computed in part (a).
with each? Round your answers to the nearest dollar. If your answer is negative, use a minus sign.
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 (40,000; 50,000; 60,000; and 70,000) using all these factors.
 (All answers were generated using 1,000 trials and native Excel functionality.)

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