Use @RISK to analyze the sweatshirt situation in Problem 14. Do this for the discrete distributions given in the problem and then do it for normal distributions. For the normal case, assume that the...


Use @RISK to analyze the sweatshirt situation in Problem 14. Do this for the discrete distributions given in the problem and then do it for normal distributions. For the normal case, assume that the regular demand is normally distributed with mean 9800 and standard deviation 1300 and that the demand at the reduced price is normally distributed with mean 3800 and standard deviation 1400.



May 25, 2022
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