Crystal ball simulation
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Old problem with a new twist. Demand and not P&l is the variable.
Demand for each quarter. Problem: difficulty in presenting these variables to run the program. Jewelry price changed as well.
Enclose new parameters
See the attachments.
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Solution Summary
The word file contains:
1. Steps for simulations
2. Conceptual notes where required
3. Analysis and recommendation.
The excel file contains
1. Model
2. Simulation setting
3. Reports for 500, 1000, and 10000 trials
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Please see the word and Excel files attached.
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