Question: Provide a description of a simulation model for this problem including relevant mathematical calculations. Clearly identify problem inputs, and classify them between known/given, uncertain/random, and
Provide a description of a simulation model for this problem including relevant mathematical calculations. Clearly identify problem inputs, and classify them between known/given, uncertain/random, and decision variables. 1. What is the average profit if the store manager orders 85 helmets? Pick the closest value. Group of answer choices o 3020 o 2890 o 2970 o 2770 2. What is the maximum profit if the store manager orders 85 helmets? Pick the closest value. Group of answer choices o 3050 o 2750 o 3220 o 2890 3. What is the minimum profit if the store manager orders 85 helmets? Pick the closest value. Group of answer choices o 2320 o 1250 o 1880 o 1520 4. How likely is it that the store owner will make at least $2800 if he orders 85 helmets? Pick the closest value. Group of answer choices o 70% o 50%
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