Question: Use Analytic Solver Platform to simulate theOutsourcing Decision Model under the assumptionsthat the production volume will be triangular witha minimum of 800, maximum of 1,700,
Use Analytic Solver Platform to simulate theOutsourcing Decision Model under the assumptionsthat the production volume will be triangular witha minimum of 800, maximum of 1,700, and mostlikely value of 1,400, and that the unit supplier cost is normally distributed with a mean of $175 and astandard deviation of $12. Find the probability thatoutsourcing will result in the best decision.
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