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QUESTION
Mean profit per unit 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 $45 per unit.
Mean profit per unit 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 $45 per unit. probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows:
