{
  "type": "monte-carlo-studio",
  "schemaVersion": 1,
  "model": {
    "name": "Sanotronics \u2014 practice: lower demand or less uncertainty",
    "description": "Predict first: How will lower demand (Case A) or less uncertainty (Case B) change mean profit, variability and loss probability? Costs and uniform draws are identical in all scenarios. Baseline demand mean 15000, SD 4500. Case A mean 12000, SD 4500. Case B mean 15000, SD 2250. Run and compare after recording your predictions. BUS-3150 Lecture 33 practice; seed 20261106; 1000 trials.",
    "inputs": [
      {
        "id": "price",
        "label": "Selling price ($/unit)",
        "type": "constant",
        "value": 249
      },
      {
        "id": "fixedCost",
        "label": "Fixed cost ($)",
        "type": "constant",
        "value": 1000000
      },
      {
        "id": "labor",
        "label": "Labor cost ($/unit)",
        "type": "discrete",
        "values": [
          {
            "value": 43,
            "probability": 0.1
          },
          {
            "value": 44,
            "probability": 0.2
          },
          {
            "value": 45,
            "probability": 0.4
          },
          {
            "value": 46,
            "probability": 0.2
          },
          {
            "value": 47,
            "probability": 0.1
          }
        ]
      },
      {
        "id": "parts",
        "label": "Parts cost ($/unit)",
        "type": "uniform",
        "min": 80,
        "max": 100
      },
      {
        "id": "demand",
        "label": "Demand (units)",
        "type": "normal",
        "mean": 15000,
        "sd": 4500
      }
    ],
    "outputs": [
      {
        "id": "contribution",
        "label": "Unit contribution ($/unit)",
        "formula": "price - labor - parts"
      },
      {
        "id": "profit",
        "label": "Profit ($)",
        "formula": "contribution * demand - fixedCost"
      }
    ],
    "settings": {
      "trials": 1000,
      "seed": 20261106,
      "riskOutput": "profit",
      "lossThreshold": 0,
      "target": 1000000
    },
    "traceUniforms": [
      0.9109,
      0.4576,
      0.6026
    ]
  },
  "comparisons": [
    {
      "name": "Case A \u2014 lower mean (12,000)",
      "description": "BUS-3150 Lecture 33 workbook adaptation. Price $249; fixed cost $1,000,000. Independent labor, parts and demand. Demand is continuous and unbounded: negative draws are intentionally retained. An Introduction to Management Science, 15e, \u00a7\u00a712.1\u201312.2. Workbook: BUS-3150_Lecture_33(1).xlsx; this is the workbook sample, not the textbook illustrated run.",
      "inputs": [
        {
          "id": "price",
          "label": "Selling price ($/unit)",
          "type": "constant",
          "value": 249
        },
        {
          "id": "fixedCost",
          "label": "Fixed cost ($)",
          "type": "constant",
          "value": 1000000
        },
        {
          "id": "labor",
          "label": "Labor cost ($/unit)",
          "type": "discrete",
          "values": [
            {
              "value": 43,
              "probability": 0.1
            },
            {
              "value": 44,
              "probability": 0.2
            },
            {
              "value": 45,
              "probability": 0.4
            },
            {
              "value": 46,
              "probability": 0.2
            },
            {
              "value": 47,
              "probability": 0.1
            }
          ]
        },
        {
          "id": "parts",
          "label": "Parts cost ($/unit)",
          "type": "uniform",
          "min": 80,
          "max": 100
        },
        {
          "id": "demand",
          "label": "Demand (units)",
          "type": "normal",
          "mean": 12000,
          "sd": 4500
        }
      ],
      "outputs": [
        {
          "id": "contribution",
          "label": "Unit contribution ($/unit)",
          "formula": "price - labor - parts"
        },
        {
          "id": "profit",
          "label": "Profit ($)",
          "formula": "contribution * demand - fixedCost"
        }
      ],
      "settings": {
        "trials": 1000,
        "seed": 20261106,
        "riskOutput": "profit",
        "lossThreshold": 0,
        "target": 1000000
      },
      "traceUniforms": [
        0.9109,
        0.4576,
        0.6026
      ]
    },
    {
      "name": "Case B \u2014 lower SD (2,250)",
      "description": "BUS-3150 Lecture 33 workbook adaptation. Price $249; fixed cost $1,000,000. Independent labor, parts and demand. Demand is continuous and unbounded: negative draws are intentionally retained. An Introduction to Management Science, 15e, \u00a7\u00a712.1\u201312.2. Workbook: BUS-3150_Lecture_33(1).xlsx; this is the workbook sample, not the textbook illustrated run.",
      "inputs": [
        {
          "id": "price",
          "label": "Selling price ($/unit)",
          "type": "constant",
          "value": 249
        },
        {
          "id": "fixedCost",
          "label": "Fixed cost ($)",
          "type": "constant",
          "value": 1000000
        },
        {
          "id": "labor",
          "label": "Labor cost ($/unit)",
          "type": "discrete",
          "values": [
            {
              "value": 43,
              "probability": 0.1
            },
            {
              "value": 44,
              "probability": 0.2
            },
            {
              "value": 45,
              "probability": 0.4
            },
            {
              "value": 46,
              "probability": 0.2
            },
            {
              "value": 47,
              "probability": 0.1
            }
          ]
        },
        {
          "id": "parts",
          "label": "Parts cost ($/unit)",
          "type": "uniform",
          "min": 80,
          "max": 100
        },
        {
          "id": "demand",
          "label": "Demand (units)",
          "type": "normal",
          "mean": 15000,
          "sd": 2250
        }
      ],
      "outputs": [
        {
          "id": "contribution",
          "label": "Unit contribution ($/unit)",
          "formula": "price - labor - parts"
        },
        {
          "id": "profit",
          "label": "Profit ($)",
          "formula": "contribution * demand - fixedCost"
        }
      ],
      "settings": {
        "trials": 1000,
        "seed": 20261106,
        "riskOutput": "profit",
        "lossThreshold": 0,
        "target": 1000000
      },
      "traceUniforms": [
        0.9109,
        0.4576,
        0.6026
      ]
    }
  ]
}