Question: Madeira Computing Base - Case Unit Selling Price Fixed Cost Variable Cost Demand Profit: Worst - Case Unit Selling Price Fixed Cost Variable Cost Demand

Madeira Computing
Base - Case
Unit Selling Price
Fixed Cost
Variable Cost
Demand
Profit:
Worst - Case
Unit Selling Price
Fixed Cost
Variable Cost
Demand
Profit:
Best - Case
Unit Selling Price
Fixed Cost
Variable Cost
Demand
Profit:
  • The problem assumes that the random demand follows GAMMA distribution with = 3 and = 2. In order to generate the required random demand, use the following functions: =1000*GAMMA.INV(RAND(),3,2)
  • Use 1000 simulation trials

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