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Please I want a correct and clear solution (the solution must be electronic, handwriting is rejected) 0.2 Complete the following simulation table for purchase of
Please I want a correct and clear solution (the solution must be electronic, handwriting is rejected)
0.2 Complete the following simulation table for purchase of 70 newspaper by computing revenue from sales, loss profit from excess demand salvage from sale of scrap and daily profit Cost data Unit cost 0.35 Unit price o sol Unit lost 10.15 Unit refund 0.05 Purchase 70 Random Digits for Random Revenue Type of Type of Digits for from Day Newsday Newsday Demand Demand Sales 1 0.05 Good 0.83 90 Lost Profit from Excess Salvage from Daily Demand sale of Scrap Profit 2 0.86 Poor 0.52 SO 3 0,42 Fair 0.41 60 4 0.34 Good 0.85 90 5 0.45 Fair 0.22 SO 6 0.55 Fair 1.00 100 7 0.77 Fair 0.08 40 8 0.25 Good 0.86 90 9 0.58 Fair 0.83 70 10 0.15 Good 0.76 80 11 0.62 Fair 0.22 SO 12 0.93 Poor 0.86 70 13 0.61 Fair 0.11 50 0.97 Poor 0.93 70 15 0.60 Fair 0.55 60 16 0.56 Fair 034 60 17 0.36 Fair 0.48 60 18 0.05 Good 0.88 90 19 0.45 Fair 0.11 50 20 0.43 Fair 0.50 60 Total Avg Profit StDev Profit MinProfit Max Profit Step by Step Solution
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