Question: Use of Microsoft Excel is allowed. Monte Carlo Simulation The manager of computer world, a store that sells computers and related equipment, is attempting to

 Use of Microsoft Excel is allowed. Monte Carlo Simulation The manager

Use of Microsoft Excel is allowed.

Monte Carlo Simulation The manager of computer world, a store that sells computers and related equipment, is attempting to determine how many laptops the store should order each week. A laptop sells gives the profit of Php 5,000.00. The number of laptop demanded each week ranges from 0 to 4. From past sales records, the manager has determined probability of demand for laptops for the past 100 weeks. Demand: 0 1 2 3 4 Frequency: 20 40 20 10 10 Total = 100 Simulate the demand of 15 weeks from the following random numbers: 39, 45, 72, 53, 37, 02, 87, 98, 10, 47, 93, 21, 95, 15, 69. Create a Monte Carlo Simulation for the problem. What is the average sales, average profit for the 15 week period. Determine the risk factor for the company

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