Category Name Demand Probability Demand 1 20 0.30 Demand 2 21 0.20 Demand 3 22 0.15 Demand 4 23 0.15 Demand 5 24 0.20 Random Number Value Random Number 1 24 Random Number 2 36 Random Number 3 5 Random Number 4 75 Random Number 5 36 Random Number 6 9 Leonard Presby's newsstand uses naive forecasting to order tomorrow's papers. The number of newspapers ordered corresponds to the previous day's demands. Today's demand for papers was 20. Presby buys the newspapers for $0.15 and sells them for $0.60. Whenever there is unsatisfied demand, Presby estimates the lost goodwill cost at $0.05. Demand 20 21 22 23 24 1 Probability 0.30 0.20 0.15 0.15 0.20 Use the following random numbers for demand: 24, 36, 5, 75, 36, and 9. Fill in the table below. (Enter your responses for demand and papers ordered as whole numbers. Round your responses for revenue, costs, and profit to the nearest cents.) Day Papers Ordered Random Number Demand Revenue Cost Goodwill Cost Net Profit 1 20 24 2 36 3 5 4 75 5 36 6 9 Enter your answer in the edit fields and then click Check Answer. ? parts Clear All Check