Business, 28.04.2021 21:00 khalilh1206

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 62 dollars per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are included in the attached spreadsheet. Using this spreadsheet, construct a simulation model to estimate the average profit (in $) per unit. (Use 1,000 trials. Round your answer to two decimal places.)

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