What will determine the distribution you choose to simulate each variable? What performance measure(s) are you hoping to estimat

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Use these links to learn how Monte Carlo simulation modeling is used in project management, securities trading and risk analysis.

Plan a simulation that will help make a managerial decision that is meaningful to you. What are the key variables input?

What will determine the distribution you choose to simulate each variable? What performance measure(s) are you hoping to estimate?

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