Project description
Hi, the assignment contains two parts.
The first part about watching the video through the link and then answer the following multiple choices.

The second part, Simulation Modeling which is related to the Strategic Decision Making and Management Science. you have to answer the question as given in the instructions which is calculate the profit margin using continuous uniform distribution formula to determine the profit for each demand.
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Added on 28.12.2014 10:30
The attachment PowerPoint may be helpful

Part 1(Ecology): Watch the video and answer the multiple choice questions:

http://themetapicture.com/when-they-brought-these-wolves/

1.    What was the main impact of the wolves that changed the whole ecosystem?
a.    They controlled the vegetation
b.    They built dams across rivers
c.    They changed the behavior of deer
2.    Deer are: a) Herbivores         b) Carnivores         c)  Decomposers
3.     Wolves are: a) Preys             b)Top predators     c) Primary consumers
4.    Beavers and wolves are named ecosystem engineers as they:
a.    Both are top predators
b.    Create niches for other species
c.    Reduce the height of trees
5.    What happened in Yellowstone Park as a result of the introduction of wolves?
a.    The biodiversity has significantly increased
b.    The ecosystem has collapsed
c.    The vegetation was reduced
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Part 2 (Business): Strategic Decision Making and Management Science
Use random #2 to calculate the profit margin using continuous uniform distribution formula to determine the profit for each demand where a= 20 and b=30. The Fixed costs are at Dh1500.
Demand    Random#2    Selling Price
304    0.346227    Dh16
302    0.130947    Dh14
308    0.783287    Dh13
310    0.990488    Dh16
307    0.674082    Dh18

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