Question: Suppose that a small candy store makes Valentines Day gift boxes that cost $12 and sell for $18. In the past, at least 40 boxes
Suppose that a small candy store makes Valentines Day gift boxes that cost $12 and sell for $18. In the past, at least 40 boxes have been sold by Valentines Day, but the actual amount is uncertain, and in the past, the owner has often run short or made too many. After the holiday, any unsold boxes are discounted 50% and are eventually sold. The net profit is given as follows: net profit = revenue from regular sales + revenue from discounted sales - total cost Use the given model framework to complete the profit calculation in cell B17. What is the profit when demand is 41 and purchase quantity is 44
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