Question: (please try answer as soon as possible, I have more question to post after this if you can, I can not post all question at

(please try answer as soon as possible, I have more question to post after this if you can, I can not post all question at once because that's the question system one by one in my assignment )
Use the information below to answer the following question(s). Consider the following spreadsheet for an outsourcing decision model. A B Outsourcing Decision Model Data Manufactured in-house Fixed cost $60,000 Unit variable cost $45 Purchased from supplier Unit cost Unif (110-130) Demand volume 1,000 We assume that the production (demand) volume is normally distributed with a mean of 1,000 and a standard deviation of 100. For the unit cost, it follows a uniform distr between 110 and 130 dollars. The number of trials per simulation is equal to 5,000 at a Sim. Random Seed of 1. Run the simulation and answer the following question(s) using the Random Number Sim Excel. What is the value of expected value (the average) of the total in-house manufacturing cost obtained from the simulation results? [ Hint: TC = Fixed Cost + Variable Cost] Select the closest number as this is a simulations and the numbers might be slightly different from one another. O$125,000 O $130,000 O $120,000 O $110,000Step by Step Solution
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