Question: MC Qu . 1 4 - 6 2 You are reviewing a simulation model... You are reviewing a simulation model and find that the analyst

MC Qu

. 14 - 62

You are reviewing a simulation model...

You are reviewing a simulation model and find that the analyst who prepared the model used the formula to generate the simulated cost of a product. Which of the following assumptions did the analyst make about the cost of the product?

The minimum cost of the product is

15 .

.

The maximum cost of the product is

60 .

III. The cost of the product is uniformly distributed.

MC Qu.14-62 You are reviewing a simulation model... You are reviewing

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