Profit Forecast Model Using Monte Carlo Simulation in Excel
Profit forecast is very important for any company. The purpose of this study is to provide a method to estimate the profit and the probability of obtaining the expected profit. Monte Carlo methods are stochastic techniques–meaning they are based on the use of random numbers and probability statistic...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Romanian National Institute of Statistics
2014-01-01
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| Series: | Revista Română de Statistică |
| Subjects: | |
| Online Access: | http://www.revistadestatistica.ro/wp-content/uploads/2014/04/RRS_12_2013_A3_en.pdf |