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Suppose all formulas are correctly entered. The simulation is run for 5 2 periods. Then the total cost value ( cell F 3 ) from
Suppose all formulas are correctly entered. The simulation is run for periods. Then the total cost value cell F from repetitions of the period simulation are captured in the area shown in cells I to Jthe label "Sim # is in cell I
To determine the best order quantity, we wish to check how the simulation performs with different order quantities. A twoway data table is set up in cells M through R with order quantity values set to and as shown in the highlighted area above.
Which of the following statements are true regarding the mean and standard deviations of the repetitions when considering the different order sizes cells N through R
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