Use the Table Below to Answer the Following Question(s)

question 22

Multiple Choice

Use the table below to answer the following question(s) .
Below is the spreadsheet for an economic order quantity model.

Assume that the distribution of demand is normal with a mean of 20,000 and standard deviation of 2,000.
-What is the value of mean obtained from the simulation results?

• A)473.0
• B)520.0
• C)456.0
• D)490.0

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