In the cash balance model from Example 11.6, is the $250,000 minimum cash balance requirement really costing
Question:
In the cash balance model from Example 11.6, is the
$250,000 minimum cash balance requirement really
“costing” the company very much? Answer this by rerunning the simulation with minimum required cash balances of $50,000, $100,000, $150,000, and
$200,000. Use the RISKSIMTABLE function to run all simulations at once. Comment on the outputs from these simulations. In particular, comment on whether the company appears to be better off with a lower minimum cash balance.
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Related Book For
Practical Management Science
ISBN: 9781111531317
4th Edition
Authors: Wayne L. Winston, S. Christian Albright
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