Use a Modern Software Tool to Perform Statistical Calculations -What Is the Inventory at the End of the First

question 20

Multiple Choice

Use a modern software tool to perform statistical calculations.
Use the table below to answer the following question(s) using the standard Solver. Below is the spreadsheet for Memphis Designs fixed cost model: $\begin{array}{|l|c|c|c|c|}\hline & \mathrm{A} & \mathrm{B} & \mathrm{C} & \mathrm{D} \\\hline 1 &{\text { Memphis Design Fixed Cost Model }} & & \\\hline 2 & & & & \\\hline 3 & \text { Data } & \\\hline 4 & & \\\hline 5 & \text { Cost } & \text { Quarter 1 } & \text { Quarter 2 } & \text { Quarter 3 } \\\hline 6 & \text { Production } & \$ 10.00 & \$ 15.00 & \$ 13.50 \\\hline 7 & \text { Inventory } & \$ 1.70 & \$ 1.70 & \$ 1.70 \\\hline 8 & \text { Demand } & 200 & 450 & 75 \\\hline 9 & \text { Fixed Cost } & \$ 75.00 & \$ 75.00 & \$ 75.00 \\\hline 10 & \\\hline 11 & \text { Model } \\\hline 12 & \\\hline 13 & & \text { Quarter 1 } & \text { Quarter 2 } & \text { Quarter 3 } \\\hline 14 & \text { Production } & & & \\\hline 15 & \text { Inventory } \\\hline 16 & \text { Binary } \\\hline 17 & \\\hline 18 & \text { Binary constraints } \\\hline 19 & \text { Net Production } \\\hline 20 & & \\\hline 21 & & \text { Cost } \\\hline 22 & \text { Total } & \\\hline\end{array}$
-What is the inventory at the end of the first quarter?

• A) 725
• B) 525
• C) 50
• D) 75

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Computer Skills

The ability to operate and use computers and related technology efficiently, including software applications and hardware troubleshooting.

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Abilities that enable an individual to plan, prioritize, and efficiently manage tasks and activities.

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The ability to critically analyze information or situations, identify patterns and connections, and solve problems through logical reasoning.

Computer Skills

The ability to operate, understand and use computers and related technology efficiently.