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Please set up a Monte Carlo simulation based off this data and situation. Step by step directions of the process you took to do so

Please set up a Monte Carlo simulation based off this data and situation. Step by step directions of the process you took to do so would also be helpful.

A small convenience store is trying to determine the optimal weekly order size for People magazine. The store pays one dollar for each copy and sells it for $1.95. The unsold copies can be returned for $0.50 each. The probability distribution for the demand is given below:

Probability

Demand

.10

15 copies

.20

20

.30

25

.25

30

.15

35

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