Question: Implement a financial simulation model for a new product proposal and determine a distribution of profits using the provided discrete distributions for the unit cost,



Implement a financial simulation model for a new product proposal and determine a distribution of profits using the provided discrete distributions for the unit cost, demand, and fixed costs. Price is fixed at $1,000. Simulate this model for 50 trials and a production quantity of 140 . What is the average profit? Click here to view the discrete distributions. Click here to view a sample of 50 simulation trial results. Set up a lookup table for the unit cost. (Tvpe inteqers or decimals. Do not round. Use ascendina order.) Discrete Distributions Simulation Results
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