Consider the following spreadsheet for an outsourcing decision model, where we assume that the production (demand) volume is normally distributed with a mean of 1,000 and a standard deviation of 100. For the unit cost, select the triangular distribution. It has a minimum value of $150, most likely value of $165, and a maximum value of $190. The number of trials per simulation is equal to 5,000 at a Sim. Random Seed of 1. Run the simulation and answer the following question(s) using the Analytic Solver Platform.

[Hint: choose the closest value.]

What is the expected loss determined from the simulation results?

Question options:

	$(78)
	$(120)
	$(47)
	$(60)