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In August, Walton Bookstore must decide how many of next year s nature calendars to order. Each calendar costs the bookstore $ 7 . 5

In August, Walton Bookstore must decide how many of next years nature calendars to order.
Each calendar costs the bookstore $7.50 and sells for $10. After February 1, all unsold calendars
will be returned to the publisher for a refund of $2.50 per calendar. Walton has examined
historical data and determined that demand follows the distribution given below. Walton want
to develop a simulation model to help decide how many calendars to order.
Demand Probability
10030%
15020%
20030%
25015%
3005%

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