Rerun the new car simulation from Example 11.5, but now use the RISKSIMTABLE function appropriately to simulate

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Rerun the new car simulation from Example 11.5, but now use the RISKSIMTABLE function appropriately to simulate discount rates of 5%, 7.5%, 10%, 12.5%, and 15%. Comment on how the outputs change as the discount rate decreases from the value used in the example, 10%.

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Practical Management Science

ISBN: 9781111531317

4th Edition

Authors: Wayne L. Winston, S. Christian Albright

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