PLEASE KINDLY ANSWER NUMBER 9-10 :)

Toys-for-All is specialized in high quality monster trucks, particularly market for adults. In an effort to improve sales on the new elite model, the company is evaluating their new pricing model. For the elite model, the company secures the product from one of its best suppliers most likely for $160, but is expected to be between $125 and $195. The company has set their selling price for this elite model at $320 per unit. In reviewing their past demands for similar products, the company projects that the demand for the elite model is expected to range from 60 to 180 units, with 120 units as the most likely demand. Develop the profit model for this product. 3 points Provide the base-case, worst-case and best-case analyses. Answer in whole number. The profit/loss for the best case scenario is: The profit/loss for the base (most likely) case scenario is: The profit/loss for the worst case scenario is: In this step, Toys-for-All management hypothesizes that their product demand is normally distributed with the mean of 120 units and the standard deviation of 15 units. Keeping the product cost at $160 per unit and the selling price at $320 per unit, you are to develop an Excel worksheet that can be used to simulate the profits for this new pricing. Answer in 2 decimal points Using a simulation of 500 trials, from your results, the average profit/loss is: NOTE: Your answer should not be the same as your classmate