Question: Question 10 0 / 1 pts To simulate inventory management for a particular product, assume that demand is between 10 and 50 units in increments

Question 10 0 / 1 pts To simulate inventory

Question 10 0 / 1 pts To simulate inventory management for a particular product, assume that demand is between 10 and 50 units in increments of 10. The spreadsheet has been set up (correctly) as shown below. The order policy is to order 40 units when inventory drops below 15 units (reorder point) at the start of a period. Suppose that orders arrive immediately, and negative inventory is allowed. A 40 week period will be simulated. B D E F Demand Probability 0.20 0.25 0.30 0.15 0.10 F(x) 0.20 0.45 0.75 0.90 1.00 F'(x) 0 0.20 0.45 0.75 0.90 ***** A 1 Inventory Simulation 2 3 Demand 4 10 5 20 6 30 7 40 8 50 9 units 10 11 Order Quantity 12 Reorder Point 13 14 Period 15 1 16 2 17 3 units 40 units 15 units Demand Order Qty Ending Inv Starting Inv 30 What formula is entered to compute the random demand in cell C15 so that it can be copied down to the other 39 weeks? =VLOOKUP(RAND(),D4:E8,2,false) =VLOOKUP(RANDO,C4:58,3,true) =VLOOKUP(RAND().$D$4:$E$8,2,true) =VLOOKUP(RAND().$C$4:$E$8,3,true) Exactly two of the answers are correct

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