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.

Suppose a Monte Carlo simulation using these lookup tables generated the

50

trial results in the problem statement. What is the average profit of this simulation?

The average profit is $

.

I am looking for the average profit answer. The additional materials are attatched to the photo

Implement a financial simulation model for a new product proposal and

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