Question: Need question A and B answered please. Problem 1 ( 7 marks in total). The management of Brinkley Corporation is interested in using simulation to

Need question A and B answered please.

Problem 1 ( 7 marks in total). 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: (a) (2 marks) Calculate the expected value of the procurement, labor, and transportation cost, respectively. (b) (5 marks) Use the following random numbers (procurement, labor, and transportation cost, respectively) to calculate a potential value for the unit profit: 0.005,0.26, and 0.87

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