(Solved): Implement a financial simulation model for a new product proposal and determine a distribution of p ...

Implement a financial simulation model for a new product proposal and determine a distribution of profits using the provided discrete distributions for the unit cost, demand, and fixed costs. Price is fixed at $\$1,000$. Simulate this model for 50 trials and a production quantity of 140 . What is the average profit? Click here to vew the discrete distributions. Click here to view a sample of 50 simulation trial results. Set up a lookup table for the unit cost. (Type integers or decimals. Do not round. Use ascending order.) Discrete Distributions Simulation Results