The management of Brinkley Corporation is interested in using simulation to estimate the profit (in $) per unit for a new product. The selling price for the product will be $43per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated in the following table.

Procurement Cost($)	Probability	Labor Cost ($)	Probability	Transportation Cost ($)	Probability
10	0.25	20	0.10	3	0.75
11	0.45	22	0.25	5	0.25
12	0.30	24	0.35
		25	0.30

(a)Compute profit (in $) per unit for the base-case scenario.$ /unit

(b)Compute profit (in $) per unit for the worst-case scenario.$ /unit

(c)Compute profit (in $) per unit for the best-case scenario.$ /unit

(d)Construct a simulation model to estimate the mean profit (in $) per unit. (Use at least 1,000 trials. Round your answer to two decimal places.)$

(e)Why is the simulation approach to risk analysis preferable to generating a variety of what-if scenarios?Simulation will provide ---Select--- a distribution an exact amount of the profit per unit values which can then be used to find ---Select--- the probability an example of an unacceptably low profit.

(f)Management believes the project may not be sustainable if the profit per unit is less than $5. Use simulation to estimate the probability the profit per unit will be less than $5. (Round your answer to three decimal places.)