Question: Simulate the following inventory replenishment problem for 20 weeks. You will have to use the Excel program to simulate. Demand is uniformly distributed between 20

Simulate the following inventory replenishment
Simulate the following inventory replenishment problem for 20 weeks. You will have to use the Excel program to simulate. Demand is uniformly distributed between 20 and 30 units. Additional Data are given below. Inventory Cost/Week = $ 1.00 Shortage Cost/Week = $ 2.00 Lead Time = 2 weeks Beginning Stock on Hand (SOH) = 0 Supply in Week 1 - 21 units Supply in Week 2 -22 units What is the total inventory cost at the end of 20 weeks if the order size in every week is 20 units? The demand for the next 20 weeks is given below. 9 8 6 5 2. 10 7 4 1 3 Week 27 28 21 23 29 21 25 30 Demand 21 22 11 15 12 13 14 16 18 19 20 Week 17 22 28 Demand 28 29 27 26 24 23 27 21 $ 0.00 $ 20.00

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