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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, select the triangular distribution.It has a minimum value of $150, most likely value of $165, and a maximum value of $190.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 Risk Solver Platform.
-What is the value of mean absolute deviation obtained from the simulation results?
Circadian Rhythm
The internal biological clock that regulates the sleep-wake cycle and other physiological processes within a roughly 24-hour period.
Juvenile Hormone (JH)
A regulatory substance produced by certain insects, involved in the control of development, reproduction, and other physiological functions.
Messenger RNA (mRNA)
A type of RNA that carries genetic information from DNA to the ribosome, where it serves as a template for protein synthesis, playing a key role in the process of gene expression.
PK2 Gene
A gene implicated in the regulation of behavioral rhythms and possibly involved in sleep-wake cycles, demonstrating a link between genetics and behavior.
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