Use the information below to answer the following question(s). Consider the following spreadsheet for an outsourcing decision model. 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, it follows a uniform distribution between 110 and 130 dollars. 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 Random Number Simulator in Excel. What is the standard deviation of expected value (the average) of the total in-house manufacturing cost obtained from the simulation results? [ Hint: TC = Fixed Cost + Variable Cost] Select the closest number as this is a simulations and the numbers might be slightly different from one another. $1,850 $1600 $6,500 $1000