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What is the impact of EEC's uncertainty in its estimates of demand in months 5 and 6 on the optimal production schedule in month 1?
What is the impact of EEC's uncertainty in its estimates of demand in months 5 and 6 on the optimal production schedule in month 1? Use a two-way SolverTable to see the sensitivity of month 1 production to up to a 20% change in these estimates. What do you conclude from this analysis? Should the production department worry about the accuracy of the marketing department's forecast of demand in months 5 and 6
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