Question: Question 4 : ( il 1 9 from the Textbook ) The Paris Bakery has decided to bake 3 0 batches of its famous beignets
Question : il from the Textbook
The Paris Bakery has decided to bake batches of its famous beignets at the beginning of the day. The store has determined that daily demand will follow the distribution shown in the following table:
tableDAICI DEMAND,PROHEBLLITY
Each batch costs the Paris Bakery $ and can be sold for $ The Paris Bakery can sell any unsold batches for $ the next day.
Simulate month days of operation to calculate the bakery's total monthly profit. Replicate this calculation N times to compute the average total monthly profit.
Replicate your model up to times.
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