Question
(all answers were generated using 1,000 trials and native Excel functionality) Galaxy Cs. sells virtual reality (VR) goggles, particularly targeting customers who like to
(all answers were generated using 1,000 trials and native Excel functionality) Galaxy Cs. sells virtual reality (VR) goggles, particularly targeting customers who like to play video games, Galary roures each VR giggles is a normal ranitom variable with a mean of 100 site and a standard deviation of 40 units. At the begining of each monthly demand is less than 140, Galacy pays $20 per pair of ongoles that remains in inventory at the end of the meth shortage cost of $40 for each unit of demand that is unsatisfied to represent a lues-of-goodwill among its customers Management v (a) What is the average monthly profit resulting from its policy of stocking 140 pairs of goggles at the begining of each month? Round your a 1150 m and sach of us for 30 miely demand for the Gatory only the all pairs of goggles in bek. Galery as a (b) What is the proportion of months in which demand is completely satisfied? Round your answer to the nearest whole (c) Use the simulation model to compare the profitability of monthly replenishment levels of 140 and 100 pairs of goggles in a 1% confidence interval on the differ between the app that each report generates to make your comparison. Round your answer to the nearest d The average difference between the net profit generated by a replenishment level of 100 versuna olement level of 140 23200 that monthly ment maximizes profitability. Hide Feedback Partially Correct Check My Work
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