Question: Can you solve the problem (c)? I solved the problem of average profit for 70,000 units, and got answer is 495603. But it was wrong.
Can you solve the problem (c)?
I solved the problem of average profit for 70,000 units, and got answer is 495603.
But it was wrong.

tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. when demand is equal to its average (60,000 units)? $ ) associated with the production quantity of 60,000 dolls? (Use at least 10,000 trials. Round your answer to the nearest integer.) $ How does this compare to the profit corresponding to the average demand (as computed in part (a))? The average profit from the simulation is about the same as the profit computed in part (a). The average profit from the simulation is greater than the profit computed in part (a). The average profit from the simulation is less than the profit computed in part (a). two production quantities. What is the average profit (in \$) associated with each? (Use at least 10,000 trials. Round your answer to the nearest integer.) average profit for 50,000 units \$ average profit for 70,000 units $
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