Chapter 12 Problem 13 - Unit Cost Per Unit Demand Profit 1...

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Bill Frino MNMK 413P Chapter 12 Problem #13 April 11, 2011 By changing the PortaCom simulation project, here are the results that I came up with. My estimated probability of a loss is .9880. PortaCom Risk Analysis Selling Price per Unit $500 Administrative Cost $250,000 Advertising Cost $300,000 Direct Labor Cost Parts Cost (Uniform Distribution) Lower Upper Smallest Value $1,000 Random No. Random No. Cost per Unit Largest Value $500 0.0 0.1 $43 0.1 0.3 $44 0.3 0.7 $45 Demand (Normal Distribution) 0.7 0.9 $46 Mean 10000 0.9 1.0 $47 Standard Dev 5500 Simulation Trials Direct Labor Parts First-Year Trial Cost Per
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Unformatted text preview: Unit Cost Per Unit Demand Profit 1 45 $751.96 11,671 ($4,015,679) 2 46 $777.01 10,647 ($3,989,181) 3 46 $990.01 3,880 ($2,629,928) 4 45 $534.55 5,718 ($1,004,885) 5 46 $803.56 4,681 ($2,186,259) 496 46 $526.79 4,008 ($841,758) 497 45 $783.06 5,791 ($2,449,734) 498 44 $914.16 14,199 ($7,055,180) 499 46 $661.50 441 ($641,559) 500 44 $977.71 16,186 ($8,994,392) Summary Statistics Mean Profit ($3,404,206) Standard Deviation $2,219,689 Minimum Profit ($11,145,224) Maximum Profit $3,021,336 Number of Losses 494 Probability of Loss 0.9880...
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This note was uploaded on 04/17/2011 for the course COMPUTER S 101 taught by Professor Xxx during the Spring '11 term at Holy Family University.

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Chapter 12 Problem 13 - Unit Cost Per Unit Demand Profit 1...

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