Monte Carlo analysis This is an exercise to develop basic Monte Carlo modelling skills. Required: 1. Build

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Monte Carlo analysis This is an exercise to develop basic Monte Carlo modelling skills.

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Required:
1. Build a simple CVP model from the data shown above.
2. Assume that the input data are distributed uniformly between the high and low values.
Prepare a Monte Carlo analysis that prepares and describes a simulated distribution of breakeven quantity. Compute mean, standard deviation, minimum and maximum values of this simulated distribution.

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Advanced Management Accounting

ISBN: 9780273730187

1st Edition

Authors: Tom Groot, Frank Selto

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