Solve the problem on discrete distribution

Reference no: EM1319935

Question: Wilson Mfg normally builds twenty-five units per week. It costs USD 55 to make a unit. Each time they receive an order and they have no unit in stock it costs them $30 in lost business. If they have too many units to sell that week it costs them USD 5 inventory it. A survey of recent sales follows: For each sale they receive USD 85$,

No. sold	2	3	4	5	6
No of days	4	7	8	5	1

Simulate sales for ten weeks and decide whether they should build more, less, or the same number of units.

Reference no: EM1319935

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