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The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the

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The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows: a) Construct a simulation model to estimate the mean profit per unit. b) Management believes that the project may not be sustainable if the profit per unit is less than $5. Use simulation to estimate the probability that the profit per unit will be less than $5

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