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The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows: Procurement Costs) Probability Labor Cost (5) Probability Transportation Cost (5) 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 per unit for the base-case, worst case, and best-case scenarios Base Case using most likely costs Worst Case Best Case Pronts Pronts Profit=5 /unit /unit /unit (b) Construct a simulation model to estimate the mean profit per unit. (Use at least 1,000 tras) $ of an unacceptably low profit (c) Why is the simulation approach torsk analysis preferable to generating a variety of what-i scenarlos? Simulation will provide select of the profit par une values which can then be used to find Solict (d) Management believes the project may not be sustainable if the profit per unit is less than $5. Use simulation to estimate the probability the profie per unit will be less than $5. (Round your answer to three decimal places.) Show your work for parts (b) and (d). Upload your spreadsheet. (Submit a file with a maximum size of 1 MB)