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Implement a financial simulation model for a new product proposal and determine a distribution of profits using the provided, discreet distributions from the unit, cost,
Implement a financial simulation model for a new product proposal and determine a distribution of profits using the provided, discreet distributions from the unit, cost, demand, and fixed costs. Price is fixed at $1000. Simulate this model for 50 trials and a production quantity of 140. What is the average profit?
Discrete Distributions Set up a lookup table foc the cemand. (Type inteters or declimals. Do not round. Use ascending order) Set wo a lookup table for the fixed costs. Discrete Distributions Set up a lookup table foc the cemand. (Type inteters or declimals. Do not round. Use ascending order) Set wo a lookup table for the fixed costs PLEASE FILLIN BLANKS FOR LAST PICTURE PROVIDED!! Will give a thumbs up!
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