a. Use the random numbers 0.3753, 0.9218, 0.0336, 0.5145, and 0.7000 to generate five simulated values for

Question:

a. Use the random numbers 0.3753, 0.9218, 0.0336, 0.5145, and 0.7000 to generate five simulated values for the PortaCom direct labor cost per unit.

b. Use the random numbers 0.6221, 0.3418, 0.1402, 0.5198, and 0.9375 to generate five simulated values for the PortaCom parts cost.

c. Use the random numbers 0.8531, 0.1762, 0.5000, 0.6810, and 0.2879 and the table for the cumulative standard normal distribution to generate five simulated values for the PortaCom first-year demand.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...