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Use the information below to answer the following question ( s ) . Consider the following spreadsheet for an outsourcing decision model. table [
Use the information below to answer the following questions
Consider the following spreadsheet for an outsourcing decision model.
tableABOutsourcing Decision Model,Data,Manufactured inhouse,Fixed cost,Unit variable cost,Purchased from supplier,Unit cost,Demand volume,Model,Total manufacturing cost,Total purchased cost,Difference,Decision,
We assume that the production demand volume is normally distributed with a mean of and a standard deviation of For the unit cost, select the triangular distribution. It has a minimum value of $ most likely value of $ and a maximum value of $ The number of trials per simulation is equal to at a Sim. Random Seed of Run the simulation and answer the following questions using the Analytic Solver Platform.
Hint: choose the closest value.
Determine the value of standard deviation found from the simulation results
Select one:
a $
b $
c $
d $
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