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please answer it fast a. How much profit or loss will Donald have if the scenario above happens? b. Now, assuming he doesn't change the

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a. How much profit or loss will Donald have if the scenario above happens? b. Now, assuming he doesn't change the order quantity and using the risk simulation, the distribution of profit will be as follows: RiskSim 2.41 Academic - Histogram 30 20 10 0 50,00 510,00 520,00 530,00 540,00 550,00 560,00 5?0,00 530,00 590,00 5100,00 Profit Frequency 3 *5 Should Donald go with his decision to order in the amount of 70 copies? Explain. 1. Donald runs a newsstand in a prominent downtown location of a major city. He sells a variety of newspapers and magazines. The most expensive of the magazine is the Investor Business Daily. . Cost data for the Investor Business Daily: - Donald pays $2.00 per copy delivered. Donald charges $3.00 per copy. Donald's refund is $0.50 per unsold copy. . Sales data for the Investor Business Daily: Donald sells anywhere between 50 and 80 copies a day. The frequency of the numbers between 50 and 80 are roughly equal (uniform distribution). Based on the simulation on the spreadsheet, he obtained as follows: A B C D E F 1 Donald the Newsboy W N Data 4 Unit Sale Price $3.00 5 Unit Purchase Cost $2.00 6 7 Unit Salvage Value $0.50 8 cision Variable 9 Order Quantity 70 10 11 Simulation Minimum Maximum 12 Demand 65 Discrete Uniform 50 80 13 14 Sales Revenue ? 15 Purchasing Cost 16 Salvage Value 17 18 Profit

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