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using $1,000$ trials and native Excel functionality.$)$ material, labor, and shipping costs, is $$34$ per doll. During the holiday selling season, FTC will sell the dolls for $$42$ each. If FTC overproduces the dolls, the excess dolls will average of $60,000$ dolls a distributor who has agreed to pay FTC $$10$ per doll. Demand for new toys during the holiday selling season is uncertain. The normal probability distribution with an but it wants to conduct an analysis regarding this production quantity to be a good description of

quantity before finalizing the decision. What is the profit when demand is equal to its average units$)?$ the average profit associated with the produble with a mean of $60,000$ and a standard deviation of $15,000,$ simu $$ and production quantity of $60,000$ dolls? Round your answer in whole dollar.

How does this compare to the profit corresponding to the average demand $($as computed in part a$)?$

The input in the box below will not be graded. hut mas ha$.....$ id considered by your instructor.

$($c$)$ Before making a final decision on the production quantity, management wants an analysis of a more aggressive $70,000-$unit production quantity and a more conservative $50,000-$unit production quantity. Run your simulation with these two production quantities. What is the average profit associated with each? Round your answer in whole dollar.

When ordering $50,000$ units, the average profit is approximately s

When ordering $70,000$ units, the average profit is approximately $

$($d$)$ Besides average profit, what other factors should FTC consider in determining a production quantity? Compare the four production quantities and $70,000$