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A spreadsheet for Trance Electronics is provided. Suppose that the project manager of Trance Electronics has identified several uncertain variables in the model and the

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A spreadsheet for Trance Electronics is provided. Suppose that the project manager of Trance Electronics has identified several uncertain variables in the model and the distributions and parameters that describe them. Market size: normal with mean of 20,000,000 units and standard deviation of 4,000,000 units R\&D costs: uniform between $600,000,000 and $800,000,000 Clinical trial costs: lognormal with mean of $150,000,000 and standard deviation $30,000,000 Annual market growth factor triangular with minimum =2%, maximum =6%, and most likely =3% Annual market share growth rate : triangular with minimum =15%, maximum =25%, and most likely =20% The number of trials per simulation is equal to 10,000 at a Sim. Random Seed of 2. Run the simulation using the Risk Solver Platform. What are the chances that the product will show a cumulative net profit in the fourth year? Round to the nearest percent Click the icon to view the spreadsheet: A. 32% B. 25% C. 18% D. 11% A spreadsheet for Trance Electronics is provided. Suppose that the project manager of Trance Electronics has identified several uncertain variables in the model and the distributions and parameters that describe them. Market size: normal with mean of 20,000,000 units and standard deviation of 4,000,000 units R\&D costs: uniform between $600,000,000 and $800,000,000 Clinical trial costs: lognormal with mean of $150,000,000 and standard deviation $30,000,000 Annual market growth factor triangular with minimum =2%, maximum =6%, and most likely =3% Annual market share growth rate : triangular with minimum =15%, maximum =25%, and most likely =20% The number of trials per simulation is equal to 10,000 at a Sim. Random Seed of 2. Run the simulation using the Risk Solver Platform. What are the chances that the product will show a cumulative net profit in the fourth year? Round to the nearest percent Click the icon to view the spreadsheet: A. 32% B. 25% C. 18% D. 11%

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