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OPS MGMT - Weekly demand for tennis balls at The Raquet Club

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Question

Question;Weekly demand for tennis balls at The Raquet 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) Stimulate 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?

 

Paper#46097 | Written in 18-Jul-2015

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