Question: At a local appliance store, weekly demand for a large-screen TV during the week before the Super Bowl is normally distributed with a mean of
At a local appliance store, weekly demand for a large-screen TV during the week before the Super Bowl is normally distributed with a mean of 35 units and a standard deviation of 12 units. Develop a Monte Carlo simulation with 500 trials to estimate the ideal number of TV units to be stocked at the store.
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