The purpose of this assignment is to use analytics techniques toanalyze a case problem.
Part 1
Read Case Study Case 15.2 “Ebony Bath Soap” from thetextbook, and then complete the following items.

For Questions 1 and 2 of the case, use the PalisadeDecisionTools Excel software to set up a simulation model and run asimulation with 500 trials for the case. Ensure that all Palisadesoftware output is included in your files and that only one Excelfile is open when running a simulation. Use the “Topic 3 CaseStudy Template” file as a starting point.Hint: The RiskSimtable function was be helpful forrunning the simulations.
Respond to Question 3 as writtenin the problem. Ignore the confidence interval portion of thequestion.
Respond to Question 4 as written in theproblem.

To receive full credit on the assignment, complete the following.

Ensure that the Palisade software output is included with yoursubmission.
Ensure that Excel files include the associatedcell functions and/or formulas if functions and/or formulas areused.
Include a written response to all narrative questionspresented in the problem by placing it in the associated Excelfile.
Include screenshots of all simulation distributionresults for output variables.
Place each problem in its ownExcel file. Ensure that your first and last name are in your Excelfile names.

Part 2
In a 500-750-word summary to company management, address thefollowing. Include relevant charts and graphs within your summary, as needed.

Describe the case specific business requirements and how theycan be communicated across all levels of the organization.
Based on the simulation results, discuss the Annual Cost outputstatistical distributions. Assume that your audience as minimalbackground in statistics.
Discuss which Annual Cost outputprobability distribution has the most dispersion, and explain whythis is so.
Explain the descriptive, predictive, andprescriptive analytics that have been used to formulate thesolutions to the business needs.
Based on the Annual Costoutput statistical distributions and other information gleaned fromyour analysis, discuss the specific prescribed course of action youwould recommend to company management and justify yourrecommendations. Include discussion of how the proposed analyticssolutions can optimize organizational performance andeffectiveness.

While APA style is not required for the body of this assignment,solid academic writing is expected, and documentation of sourcesshould be presented using APA formatting guidelines, which can befound in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior tobeginning the assignment to become familiar with the expectations forsuccessful completion.