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Using the seven steps of the quantitative analysis approach model a Monte Carlo simulation in a mechanics business. Use the quantity of maintenance services from
Using the seven steps of the quantitative analysis approach model a Monte Carlo simulation in a mechanics business. Use the quantity of maintenance services from the table. Assume this data comes from the company. Use Excel tools for estimation. Important: Only one document will be allowed as an annex.
Daily Demand Frequency Probability Cumulative Probability 15 29 2 31 3 43 4 57 5 33 6 19Step by Step Solution
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