A company manufactures 30 items per day. The demand of these items during the past 20 days are listed below. 35 28 24 29

[answerhappygod]

A company manufactures 30 items per day. The demand of
these items during the past 20 days are listed below.
35
28
24
29
27
21
30
35
35
29
23
32
30
26
17
25
26
40
31
28
Randomly identify 10 values out of them to carry out a
simulation. (For the purpose of this examination, use the random
number table given below and carry out the generation of random
numbers starting from its top left hand corner value in vertical
direction). (10 marks)
Describe how you selected the values.
(5 marks)
Estimate the profit/ loss of the company for the next 10
days, if the profit per unit of sold products is Rs. 100/- and the
loss per unit from unsold products at the end of the day is Rs.
30/-. (10 marks)
(Total: 25
Marks)