Under simulation analysis, the company will use a computer program to calculate probabilities of a range of estimates such as on the value of sales,

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Simulation analysis is a computer-based method of estimating the probabilities of different outcomes based on a range of potential inputs or scenarios. In business, simulation analysis can be used to evaluate the potential outcomes of different business strategies, transactions, or investments, and can help companies make more informed decisions by providing a clearer understanding of the risks and uncertainties surrounding different options. As part of this process, a computer program can be used to simulate the potential outcomes of different scenarios, including estimates of sales values, revenue, costs, profits, and other performance metrics.

Under Simulation Analysis, the Company Will Use a Computer Program