Question: Must be done through Excel. Please Attatch link 3. (2.5 Points) The management of Brinkley Corporation is interested in using simulation to estimate the profit
Must be done through Excel. Please Attatch link

3. (2.5 Points) 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 Procurement Probability Labor Probability Transportation Probability follows: Cost (5) Cost {$1 10 0.25 20 11 0.45 22 12 0.30 24 25 0.10 0.25 0.35 0.30 Cost (5) 0.75 0.25 a) Construct a simulation model to estimate the mean prot per unit. b) Management believes that the project may not be sustainable if the prot per unit is less than $5. Use simulation to estimate the probability that the prot per unit will be less than $5
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