COST PARAMETERS Ordering Cost $ $ 50.00 Holding Cost $ 0.02 Shortage Cost $ 2.00 SYSTEM PARAMETERS min (if below) max (order up to) Avg Demand (d) 2,500 4,500 925 125 ) st Dev SIMULATION RESULTS Day Beginning Inventory Position Number Ordered Daily Demand Day-End Inventory Ordering Costs Beginning Inventory On- Hand 1,700 Holding Costs Shortage Costs Total Cost For Day 1 2 3 3 4 5 6 7 8 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 897 960 879 934 1,148 1,096 831 817 1,172 984 961 1,026 1,017 886 784 708 1,222 920 949 877 803 840 998 23 QUESTION 5 10 points Using lab 7 with a three-day lead time (all original values), what is the total cost with a min and max of 7,700 and 9,900, respectively? (Round your answer to the nearest whole number) Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save