Question: Create a Monte Carlo Simulation in Excel. The objective is based on business related activity. The simulation should have revenue, production, payroll, and expenses. You
Create a Monte Carlo Simulation in Excel. The objective is based on business related activity. The simulation should have revenue, production, payroll, and expenses. You can look up company ranges for this information. You will run the Monte Carlo Simulation 10,000 times. Criteria is as follows:
Revenue Production Payroll Expenses
Mean 200 100 60 45
Std Dev. 24 14 13 12
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