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(All answers wore ixheratex using 1,000 thals arid native Excel functionality) The management of Brimkiny Gigrpobtion is inturested in using simulation to matimate the proht

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(All answers wore ixheratex using 1,000 thals arid native Excel functionality) The management of Brimkiny Gigrpobtion is inturested in using simulation to matimate the proht per unit for a new broduch. Tha sellnge price for the product will be $45 per unit. probability distributions for the purchase cont the lifor cost and the trarasortation cost are estimated ac follows: Construct a 5 imulition model to estimate the average profit per unit. What is a 9596 confidence (a) intena around this average? Round your answers to two decimal places and enter just numeric values. Lover Bound: Upper Bound: Marasement beheves that the project may not be sustainable if the profit per unit is less than (b) \$5. Use simulition to cestirmate the probability that the proht per whit will be less than $5. What is a 959 uonfidence interval around this peopotion? Round your ansvers to one decirn of a persenteme. Lower Bound Upper Bound

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