Question: fin week 13 A Monte Carlo simulation program requires the user to build an Excel spreadsheet model capturing the input variables for the proposed project.

fin week 13

A Monte Carlo simulation program requires the user to build an Excel spreadsheet model capturing the input variables for the proposed project. What issues and what benefits can the user derive from this process?

Describe how each of the following behavioral approaches can b used to deal with project risks: (a) scenario analysis and (b) simulation.

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