Question: 4 1 A . ) In the Inventory Simulation, our calculations for items such as Beginning Inventory, Received Today, and Beginning Cash were based on
A In the Inventory Simulation, our calculations for items such as Beginning Inventory, Received Today, and Beginning Cash were based on which of the following cell references?
A Cell references to ending values or calculations from the previous day.
B Cell references to decision variables.
B We use a number of IF statements to simulate our inventory information. Which of the following items did NOT use an IF statement?
A Ordering Cost
B Holding Cost
C We used the random numbers generated in column E to generate daily demand in column F based on the mean and standard deviation of our historic inventory data. Which continuous distribution did we use to simulate this demand from the random numbers?
A The Normal Distribution
B The Uniform Distribution
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