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The daily demand for cakes at a bakery is between 15 and 30, and every number in this range is equally likely to occur (Hint:

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The daily demand for cakes at a bakery is between 15 and 30, and every number in this range is equally likely to occur (Hint: use the randbetween formula for demand). Each cake costs the bakery $10 and is sold for $20. Cakes leftover at the end of the day are sold to a supermarket at $5 per cake. Use the simulation model template below to estimate the average daily profit of the bakery if 25 cakes are baked each day, based on 1000 random demand instances. + Number Cost of Cakes Sales Cakes Revenue from of cakes cakes Demand Sold Revenue Leftover supermarket Profit 25 Profit Data Table 0 uiz 1 + Accessibility: Investigate

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