Use the same Random Variables from the US example. You can use events 1 through to simulate the cash demands on Monday through Sunday. Run a simulation model over 100 iterations. Use the same Mean and StOev as in the book, but assurne cash demands follow a normal distribution. Set up the model as specified in part a, and calculateth probability that the bank will run out of money as in part h. It is simplest to set the model up to calculate the cash remaining at the end of the week, after demands have occurred for all days. The, prograrn an if() function to check if the remaining cash
For parte. what is the amount of money needed at the start of week to ensure illere is at most a S9, chance of running out of money?