Monte carlo simulation project | Computer Science homework help

Monte Carlo Simulation Project 


A great tool for investigating uncertainty in a complex process is the Monte Carlo simulation. If you’d like, there is plenty of information online that describes what this simulation does and what it is useful for. But in brief, a Monte  Carlo simulation aims to simulate the possible pathway of a future endeavor, experiment, or process, given multiple inputs that each have uncertainty. Monte  Carlo simulations are oftentimes used by financial planners to try to predict that might happen in the future. Inputs to financial planning processes include probabilities of how the stock market might do, projections for various costs and amount of sales, and many other financial variables. In the sciences, there may be several or many inputs into a future process, and the goal is to understand the likelihood of a scenario going one way or another.

In this project, you will first learn about a Monte Carlo simulation and how to implement it in a VBA user form using an example investigating a cookies recipe, where each of the ingredients has an uncertainty associated with it . You will explore five different typical distributions used in Monte Carlo simulations and implement these into the VBA user form. Finally, you will adapt a profitability analysis example into the main project deliverable, which is a user form that allows the user to simulate a profitability analysis based on net present value (NPV) of a proposed capital project. 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more