Question: Question 12 0/ 1 pts To simulate the inventory management of a particular product, the demand is assumed to be between 10 and 50 units

Question 12 0/ 1 pts To simulate the inventory

Question 12 0/ 1 pts To simulate the inventory management of a particular product, the demand is assumed to be between 10 and 50 units with probabilities as shown in cells B4 through B8 below. The policy is to order 40 units when the inventory level drops below the reorder point of 15 units at the start of a period. Suppose that inventory orders arrive immediately, and that negative inventory levels are allowed. This simulation takes place over 40 weeks. B D E F A 1 Inventory Simulation 2 3 Demand 4 10 20 30 5 6 7 8 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 Demand 10 20 30 40 50 units 40 50 units 9 10 11 Order Quantity Reorder Point 40 units 15 units 12 13 14 Period Demand Order Qty Starting Inv 30 Ending Inv 1 15 16 17 2 3 40 What formula can be entered to compute the ending inventory in cell E15? =IF(D15=0, B15-C15, 0) =IF(D15=0, B15+C15, B15-C15+D15) =VLOOKUP(RANDO,D4:E8,2,true) =B15-C15+D15 Exactly two of the answers are correct

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