Consider the example involving Freddie the newsboy that was introduced in Sec. 20.6. The spreadsheet model is
Question:
Consider the example involving Freddie the newsboy that was introduced in Sec. 20.6. The spreadsheet model is available in this chapter’s Excel files on the book’s website. The parameter analysis report generated in Sec. 20.6 for Freddie’s problem suggests that 55 is the best order quantity, but this report only considered order quantities that were a multiple of 5. Refine the search by generating a parameter analysis report for Freddie’s problem that considers all integer order quantities between 50 and 60.
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