Question: Consider a spreadsheet simulation model for a system in which the lead time for an order is distributed as follows: Lead time Probability 1 day
Consider a spreadsheet simulation model for a system in which the lead time for an order is distributed as follows:
Lead time
Probability
day
days
days
days
Suppose an Excel spreadsheet model has been partially created as shown below. what formula should be used to generate a lead time in days from this distribution?
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