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as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. cost, and net profit. What is the
as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. cost, and net profit. What is the profit corresponding to average demand (60,000 units)? $ quantity. Run your simulation with these two production quantities. (Round your answers to the nearest integer.) What is the mean profit associated with 50,000 units? What is the mean profit associated with 70,000 units? (d) In addition to mean profit, what other factors should FTC consider in determining a production quantity? (Select all that apply.) probability of a shortage profit standard deviation stock market gut feeling probability of a loss Show your work for parts (a), (b) and (c). Upload your spreadsheet. (Submit a file with a maximum size of 1 MB.) No file chosen This answer has not been graded yet
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