Big Hit Video must determine how many copies of a new video to purchase. Assume that the

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Big Hit Video must determine how many copies of a new video to purchase. Assume that the company’s goal is to purchase a number of copies that will maximize its expected profit from the video during the next year. Describe how you would use simulation to solve this problem. To simplify matters, assume that each time a video is rented, it is rented for one day.

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Joel mwangi

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