are estimated as follows: a. Compute profit per unit for the base-case, worst-case, and best-case...
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are estimated as follows: a. Compute profit per unit for the base-case, worst-case, and best-case scenarios. Profit per unit for the base-case: $ Profit per unit for the worst-case: $ Profit per unit for the best-case: $ b. Construct a simulation model to estimate the mean profit per unit. If required, round your answer to the nearest cent. Mean profit per unit =$ c. Why is the simulation approach to risk analysis preferable to generating a variety of what-if scenarios? The input in the box below will not be graded, but may be reviewed and considered by your instructor. %
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