Question: Read & Study: Unit 3 and 4 videosinotesfexamplesfhomeworkslsolution guides on analysis with simulation modeling. Prob Set For each case below. complete the first three BFDA


Read & Study: Unit 3 and 4 videosinotesfexamplesfhomeworkslsolution guides on analysis with simulation modeling. Prob Set For each case below. complete the first three BFDA steps (Bus Issue, Bus Prof Defn. Data) and then identify 2-A a possible simulation model strucuture what will be represented in rows? In columns? Any other cells? Submit not later than 3 days prior to the Unit 4 class meeting. A solution guide will be provided. THEN, use the solution guide to complete PSZB. Don't forget, PS2B is due by the Unit 4 class meeting. Perform analysis work (complete BFDA) for these two cases in one excel file. For each case, use 1000 trials & after obtaining the results you will use, be sure to freeze the 1000 values of the objective measures. Case 1 UD Pizza -- 3-Year Financial Analysis. Consider the business situation of exercise 21. page 410fpage 91 using the following additional information. Assume this case concerns the six locations of a new enterprise, UD Flyer Pizza. In addition to average 3yr prot (no trend chart required), suppose the UD Flyer Pizza general manager also wants you to estimate (1) the likelihood that the 3year profit will be over $1,800,000, (2) over $2.000,000, and (3) risk that the profit will not show an increase over the three years, i.e. the 2nd and 3rd year profits will, on average, be no more than the lst year. Since the lst year profit is estimated at $500,00, this is the same as the probability that 3yr profit is
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