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

question 7

Multiple Choice

Use the table below to answer the following question(s) .
Below is the spreadsheet for a project selection model.

-What is the mean absolute deviation obtained from the simulation results? [Hint: Choose the approximate value.]

• A)$ 141,901
• B)$ 104,786
• C)$ 188,995
• D)$ 232,673

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Definitions:

Significant Cost

A substantial financial expenditure that can impact an organization's budget, financial planning, and profitability, often requiring careful consideration and management.

Master Service Agreement (MSA)

A contract reached between parties, in which the parties agree to most of the terms that will govern future transactions or future agreements.

Open-ended Purchase Order

A purchase order that does not specify a fixed number of units or total cost, allowing for ongoing orders of materials or services as needed.

Terms and Conditions

A set of regulations and guidelines that are agreed upon by parties engaged in a contract, outlining the rights, responsibilities, and obligations of each party.