Answer the Following Questions) Using the Analytic Solver Platform 5000

question 20

Multiple Choice

Answer the following questions) using the Analytic Solver Platform 5000 trials per simulation; use the Latin Hypercube sampling method) .
[Hint: choose the closest value.]
Consider the spreadsheet for a Monte Carlo Simulation in Excel. $$\begin{array} { | l | l | l | l | l | l | } \hline & { \text { A } } & \text { B } & \text { C } & \text { D } & \text { E } \\\hline 1 & \text { Monte Carlo Sirnulation } & & & \text { Histarical } & \\& \text { in Exarel } & && \text { Candy Sales } & \$ 264.00 \\\hline 2 & & && 50 & \$ 264.00 \\\hline 3 & \text { Data } & & & 45 & \$ 264.00 \\\hline 4 & & & & 40 & \$ 228.00 \\\hline 5 & \text { Selling price } & \$ 18.00 & & 46 & \$ 264.00 \\\hline 6 & \text { Cost } & \$ 12.00 & & 43 & \$ 255.00 \\\hline 7 & \text { Discourt price } & \$ 9.00 & & 43 & \$ 255.00 \\\hline 8 & & && 46 & \$ 264.00 \\\hline 9 & \text { Model } & & & 42 & \$ 246.00 \\\hline 10 & & && 44 & \$ 264.00 \\\hline 11 & \text { Dernand } & 44 & & 43 & \$ 255.00 \\\hline 12 & \text { Purchase Quantity } & 44 && 47 & \$ 264.00 \\\hline 13 & & && 41 & \$ 237.00 \\\hline 14 & \text { Quantity Sold } & && 41 & \$ 237.00 \\\hline 15 & \text { Surplus Quantity } & && 45 & \$ 264.00 \\\hline 16 & & && 51 & \$ 264.00 \\\hline 17 & \text { Profit } & && 43 & \$ 255.00 \\\hline 18 & & && 45 & \$ 264.00 \\\hline 19 & & && 42 & \$ 246.00 \\\hline 20 & & && 44 & \$ 264.00 \\\hline 21 & & && 48 & \$ 264.00\\\hline 21 &&&\text { Average Profit }\\\hline\end{array}$$ $\quad$
-What is the value of mean absolute deviation?

• A) $8.91
• B) $5.45
• C) $12.35
• D) $15.64

Grasp the concept of corporate social responsibility and its implications for organizational behavior and management.

Understand the steps involved in taking action against unethical behavior in the workplace.

Learn the importance of setting and pursuing sustainability goals within an organization.

Acknowledge the role and treatment of whistle-blowers within the corporate and legal framework.

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Definitions:

Hydrogenation

The chemical reaction where hydrogen is added to another compound, often used to convert unsaturated bonds to saturated ones in hydrocarbons.

Bredt's Rule

A principle stating that bridged bicyclic compounds cannot have a double bond at a bridgehead position unless one of the rings contains at least eight carbon atoms, due to stability issues.

Stable Diene

A type of organic compound with two double bonds that exhibits stability in its structure and reactivity.

Cycloalkenes

Unsaturated hydrocarbons containing one or more carbon-carbon double bonds within a cyclic structure.