Question: Based on this information, use the provided Excel file to build a simulation of 5 0 0 seasons where you have to pick the order
Based on this information, use the provided Excel file to build a simulation of seasons
where you have to pick the order quantity for each season Note that this quantity will remain
the same across each season Then, carry out replications to reduce dependence on the
specific realizations of the random quantities generated in each replication. Your goal when
choosing the order quantity is to maximize profit in a season.
Q What quantity of Tshirts should ThalaCopter Fashion order each season? In answering this
question, state what your initial guess for the order quantity was, and why you started with that
value. Also, provide rational for why you decided on a particular optimal order quantity.
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