See the attached file.
For the third and final run of this simulation, enter the decisions taking into account the changes in the strategy that was proposed in Module Three. Then in a 2-3 page paper discuss
Your company's performance in this run.
How it compares to the last run.
Why you think you d
You have estimated the expected NPV from a project to be $3 million with a standard deviation of $4 million. The distribution of the possible NPV is approximately normal. If you are willing to accept a 25 percent chance of incurring a negative NPV on the project, should it be undertaken?
Simulate 10000 of X and Y random variables using excels Data Analysis package where both X and Y are normal with mean = 20 and standard deviation = 5.
Show, using simulations, that the variables Z= min(X,Y) and W=max(X,Y) are NOT normally distributed.
Y any interest?C
Which of the following statements is most correct?
a. Sensitivity analysis is a good way to measure market risk because it explicitly takes into account diversification effects.
b. One advantage of sensitivity analysis relative to scenario analysis is that it explicitly takes into account the probability of certain effects o
Explain the possible benefits to using one of the simulation methods when assessing for possible project risks. Why is this method better for some projects than risk mapping, FMEA, the gut-feeling method, and the Delphi method?
The simulation requires you to function as a member of a multi-functional team. Consider the role of multi-functional teamwork in business decision making:
-What is the purpose of multi-functional teams in business decision making?
-How should multi-functional team decisions be made to obtain the benefits of multi-functional
A simulation model similar to the one described in this chapter has been constructed by The Great Basin Corporation to evaluate the largest of its new investment proposals. After many iterations of the model, Great Basin's management has arrived at an expected net present value for Project A of $1.0 million. The standard deviati
Please read the transcript and complete the contract creation. Then both, the transcript and the contract creation to answer the question below.
1. Write responses to the decision points embedded in the simulation.