![]() ![]() How likely is it that the store owner will make at least $7,000 if she implements your suggestion?d. What are the best-case and worst-case outcomes the owner may face on this product if she implements your suggestion?c. How many jackets should the store owner order if she wants to maximize her expected profit?b. The store owner can order jackets in lot sizes of 10 units.a. The demand for jackets is expected to follow a Poisson distribution with an average rate of 80. Any unsold jacket at the end of the season are sold for $45. Each ski jacket costs $54 each and can be sold during the ski season for $145. The owner of a ski apparel store in Winter Park, Colorado must make a decision in July regarding the number of ski jackets to order for the following ski season. ![]() ![]() For all problems, run 5000 trials.Solve the following problems in Excel using Excel add-in- ‘analytical solver platform’ (due Thursday, oct 29th)Q. Assignments: It is strongly recommended that you create a separate file for each of these problems in order to avoid that the simulation runs interfere with each other. ![]()
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