Question: just form a simulation model Lt/view?usp=sharing B. In August, a book store must decide how many of next year's nature calendars to order. Each calendar

just form a simulation model
Lt/view?usp=sharing B. In August, a book store must decide how many of next year's nature calendars to order. Each calendar costs 7.50 and sold for 10.00. After Feb 1 all unsold calendars will be returned to the publisher for a refund of 2.50/calendar. The book store estimates that the number of calendars it can sell by Feb 1 follows the following probability distribution. The book store wants to develop a simulation model to decide how many calendars to order. Take 10 Random numbers for the simulation. Probability 0.3 Calendar Demand 100 150 200 0.20 0.30 250 300 0.15 0.05Step by Step Solution
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