I want answers with explanation...

I'll upvote you...

G H K M N O P NCAA t-shirt sales It is November, and the annual NBA Tournament is down to the final four teams. Cody is a T-shirt vendor who plans to order T-shirts with the names of the final four teams from a manufacturer and sell them to the fans. The fixed cost of any order is $750, the variable cost per shirt to Randy is $8, and Cody's selling price is $18. However, this price will be charged only until a week after the tournament. After that time, Randy figures that interest in the T-shirts will be low, so he plans to sell all remaining T-shirts, if any, at $6 each. His best guess is that demand for the T-shirts during the full-price period will be 1500. He's thinking about ordering 1450 T-shirts, but he wants to build a spreadsheet model that will let him experiment with the uncertain demand and his order quantity. How should he proceed?Modeling Assignment 1 Question 1. What is the dependent variable the decision maker is interested in maximizing? Answer: Question 2. What independent variable is the decision maker trying to make a decision about? Answer: Question 3. Change the discount price to $8. Now try inputting several different order values higher that are than the demand. What happens to the profit