avengers321
New Member
- Joined
- Sep 29, 2014
- Messages
- 1
Hi everyone,
I'm having some trouble with running a Monte Carlo simulation. I'm at a complete loss on where I should go next. The situation is a variable demand based on a randbetween function. However, the simulation is representing a business where if supply for a perishable good (say, a loaf of bread) > demand for the good, the excess perishable goods for that week are able to carry over and be sold the next week. However, if the excess is kept two weeks or more, it must be disposed of. I've worked on it for a few hours, trying different formulas but I can't seem to get anywhere.
I'm having some trouble with running a Monte Carlo simulation. I'm at a complete loss on where I should go next. The situation is a variable demand based on a randbetween function. However, the simulation is representing a business where if supply for a perishable good (say, a loaf of bread) > demand for the good, the excess perishable goods for that week are able to carry over and be sold the next week. However, if the excess is kept two weeks or more, it must be disposed of. I've worked on it for a few hours, trying different formulas but I can't seem to get anywhere.