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Bob is preparing the sales forecast for his newly launched company over 6 periods. He has the following data: Sales for period 1 = $
Bob is preparing the sales forecast for his newly launched company over periods. He has
the following data:
Sales for period $; estimated growth rate per period, uniformly distributed
between and
Cost of sales for period $; estimated growth rate per period, normally
distributed with a mean of and std deviation
Using simulation trials estimate the average total gross profit after periods, and its
standard deviation Note: total gross profit total sales total cost of sales
Please include the excel sheet as well if possible
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