To create a product, we need to use two components. The cost of each component and the sale price and quantity of the product are given as probability distributions. The profit per day is the total sale per day minus total cost. 1) Fill the lower bounds for each probability 2) Find the average profit per day using simulation for 100 days. Average daily profit in steady-state 3) Use data table to repeat your 100-day for 1000 times 4) Make sure to fill the yellow cell. Sale Price Probability Cumulative Prob. Lower bound Sale Quantity/day Probability Cumulative Prob. Lower bound Probability Component 1 Cost $ 10 Cumulative Prob. Lower bound Probability Cumulative Prob. Lower bound 12 0.33 0.15 0.2 $ $ $ 110 120 0.4 0.45 14 $ 20 0.35 0.33 0.34 Component 2 Cost $ 25 $ 35 $ 45 $ 55 $ 65 0.25 0.3 150 0.15 15 30 0.4 $ $ 40 0.1 0.2 0.05 Data Table Day 1 1 2 2 3 3 4 4 5 5 6 6