Construct a simulation model using Python in a jupyter notebook to evaluate Bearcat Air’s total jet fuel cost over the next 12 months.
1. (50) Bearcat Air (BA) is a small regional airline based in Cincinnati. Each month its fleet of planes uses 10,000 gallons of jet fuel. The current price of jet fuel is $3.00 per gallon, but this price fluctuates randomly each month. The percentage change in the price of jet fuel from one month to … Read more