Question: Recall the Leahs Inventory Example discussed in class (7_Modeling Uncertainty.pdf). Consider now that Leah wants to find an order quantity (Q) that would yield a

Recall the Leahs Inventory Example discussed in

Recall the Leahs Inventory Example discussed in class (7_Modeling Uncertainty.pdf). Consider now that Leah wants to find an order quantity (Q) that would yield a profit larger than $5,200 with at least a 99% chance. That is P(Profit > 5200) > 99%. Which one of the following order quantities satisfies this criterion? (Use the simulation model provided in the 7_Inventory Example.xlsx file to answer this question. Set the number of iterations to 10,000 to get accurate results.) A. 660 B. 700 C. 740 D. 780 Reset Selection

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