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

What is the profit corresponding to average demand $(60,000$ units$)?$

$$

What is the estimate of the average profit associated with the production quantity of $60,000$ dolls? $($Use at least $1,000$ trials. Round your answer to the nearest integer.$)$

$($Round your answers to the nearest integer.$)$

What is the mean profit associated with $50,000$ units?

What is the mean profit associated with $70,000$ units?

$($d$)$ In addition to mean profit, what other factors should FTC consider in determining a production quantity? $($Select all that apply.$)$

probability of a loss

stock market

gut feeling

profit standard deviation

probability of a shortage

Show your work for parts $($a$),($b$)$ and $($c$).$ Upload your spreadsheet. $($Submit a file with a maximum size of $1$ MB$.)$

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