Weekly demand for tennis balls at The Racquet Club is normally distributed, with a mean of 35

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Weekly demand for tennis balls at The Racquet Club is normally distributed, with a mean of 35 cases and a standard deviation of 5 cases. The club gets a profit of $50 per case.
(a) Simulate 52 weeks of demand and calculate the average weekly profit. Make all demand values integers in your model.
(b) What is the probability that weekly profit will be $2,000 or more?
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Managerial Decision Modeling With Spreadsheets

ISBN: 718

3rd Edition

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

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