Question: 5. Use Risk Solver Platform to simulate the Outsourcing Decision Model under the assumptions that the production volume will be triangular with a minimum of

5. Use Risk Solver Platform to simulate the Outsourcing Decision Model under the assumptions that the production volume will be triangular with a minimum of 800, maximum of 1,700, and most likely value of 1,400; and that the unit supplier cost is normally distributed with a mean of $175 and a standard deviation of $12.

Find the probability that outsourcing will result in the best decision.

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