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Use @Risk Simulation Add-In to Analyze the Sweatshirt Sales

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Essay

Use @Risk simulation add-in to analyze the sweatshirt sales.Do this for normal distributions,where we assume that the regular demand is normally distributed with mean 10,000 and standard deviation 1500,and that the demand at the reduced price is normally distributed with mean 5,000 and standard deviation 1500.


Definitions:

Émile Durkheim

A pioneering French sociologist known for his foundational contributions to sociology, including his studies on social cohesion and the role of religion in society.

Charles Tilly

A renowned sociologist and historian who significantly contributed to the study of social movements and collective action.

Breakdown Theory

A theory suggesting that societal or structural failure leads to the disintegration of norms and values, resulting in social disorder.

New Social Movement Theory

A sociological theory focusing on the unique characteristics of social movements that emerged in the late 20th century, emphasizing identity, culture, and decentralized organization.

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