Python Monte Carlo, Monte Carlo Simulation, Pert Distribution, Scipy Distributions.
price and the raw material unit cost. The mean selling price will be at € 20, with a standard deviation of € 2. The second normal distribution models the raw material unit cost, with a mean at € 13 and a standard deviation of € 1.40. 3.3 Simulation 1 — Modeling Sums and Products of Random Variables