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 $1000. Simulate this model for 50 trials and a production quantity of 140. What is the average profit?

a distribution of profits using the provided discrete distributions for the unit

cost, demand, and fixed costs. Price is fixed at $1000. Simulate this

verage profit? lick here to view the discrete distributions lick here to view a sample of 50 simulation trial results. Discrete Distributions Simulation Results

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