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Please explain how to do on Excel if you can! This is all the information I was given Consider the accompanying spreadsheet for an outsourcing
Please explain how to do on Excel if you can! This is all the information I was given Consider the accompanying spreadsheet for an outsourcing decision model. 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 using the Risk Solver Platform. What is the value of mode obtained from the simulation results? Click the icon to view the spreadsheet. A. $28,435 B. $27,198 C. $25,394 D. $22,485 Spreadsheet Consider the accompanying spreadsheet for an outsourcing decision model. 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 using the Risk Solver Platform. What is the value of mode obtained from the simulation results? Click the icon to view the spreadsheet. A. $28,435 B. $27,198 C. $25,394 D. $22,485 Spreadsheet
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