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For this assignment, it is assumed that the value of Q can vary between 40 and 50. Therefore, when simulating with both the demand data
For this assignment, it is assumed that the value of Q can vary between 40 and 50. Therefore, when simulating with both the demand data for 20 years and the range of Q values, the goal is to determine at which value of Q the final expected profit is the highest. Qrange = [40,41,42,43,44,45,46,47,48,49,50] To achieve this, nested-for statements are recommended for defining and iterating over the range of Q values and for calculating the expected profit for each combination of Q and demand data (nested-for statements). The entire simulation process should be coded and explained in detail
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