Question: Solve the following questions USING EXCEL: 8 . Given the weekly demand data below, simulate the operation of a fixed - order - quantity inventory

Solve the following questions USING EXCEL:
8. Given the weekly demand data below, simulate the operation of a fixed-order-quantity inventory system with a reorder point of 60, an order quantity of 100, and a beginning inventory of 100. The lead time is one week. All orders are placed at the end of the week and backordering is not allowed. What is the average end-of-week inventory on hand and the sales lost? (20 Points)
\table[[Week,\table[[Beginning],[inventory]],\table[[Quantity],[on-order]],Demand,\table[[Ending],[inventory]],\table[[Inventory],[position]],\table[[Order?],[(yes/no)]],\table[[Lost],[Sales]]],[1,100,,43,,,,],[2,,,35,,,,],[3,,,33,,,,],[4,,,22,,,,],[5,,,41,,,,],[6,,,40,,,,],[7,,,53,,,,],[8,,,47,,,,],[9,,,20,,,,],[10,,,49,,,,],[11,,,49,,,,],[12,,,63,,,,]]
 Solve the following questions USING EXCEL: 8. Given the weekly demand

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