HW8 Solutions - also a 14.8 chance that Maruggi will have a...

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OSCM 230 Homework 08 Solutions H O M E W O R K   # 8 S I M U L A T I O N   M O D E L I N G Problem 10-17. See file P10-17 CB.XLS for the simulation model and calculation using Crystal Ball.  Based on 3,000 trials, the average ending balance at the end of the year is $47. There is 
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Unformatted text preview: also a 14.8% chance that Maruggi will have a negative ending balance in a month during the year (you might get different numbers from you 3,000 trials). Page 1 of 1...
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This note was uploaded on 09/21/2009 for the course B 362 taught by Professor Trus during the Spring '09 term at Washington University in St. Louis.

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