Fullerton Bakery advertises fresh baked cookies which it sells for $3.50 per lb ...

     Fullerton Bakery advertises fresh baked cookies which it sells   for $3.50 per lb.    The demand   per day for cookies follows normal distribution with mean 8 lbs    and standard   deviation 1 lb. If the cookies are not sold at the end of the day,    it sells   remaining cookies to a discount store which pays either $1.00, $1.25, $1.50,    or $1.75 per   lb with equal probabilities based on their requirements.     Cookies cost   bakery any where from $2.00 to $3.00 per lb uniformly distributed.    Bakery has   asked you to help them in calculating profit per day if they produce    8 lbs of   cookies every day. Answer following questions with 10 days simulation.    Generate   daily demand using the following 10 random numbers for daily demand.        These   numbers were generated using seed value 100 in Data Analysis lnk..    0.011 0.037   0.165 0.510 0.748 0.343 0.754 0.052 0.708 0.172      Use   following 10 random numbers for generating cost per lb.      These   numbers were generated using seed value 200 in Data Analysis lnk..    0.021 0.839   0.682 0.945 0.225 0.327 0.252 0.119 0.098 0.409      Use   following 10 random numbers for generating discount price per lb.     These   numbers were generated using seed value 300 in Data Analysis lnk..    0.031 0.640   0.199 0.381 0.703 0.310 0.751 0.185 0.487 0.647      if fullerton   bakery makes 8lbs of cookies everyday, what percent of days will have a loss?   a. almost 0          b. 10%           c. 20%           d. can not   be determined