Question: Using lab 7 with a two-day lead time (all original values), what is the total cost if we decrease the min and max by 5%

Using lab 7 with a two-day lead time (all

Using lab 7 with a two-day lead time (all original values), what is the total cost if we decrease the min and max by 5% each? A. $595,854 OB. $762,644 C. $527,679 OD. $551,398 QUESTION 2 10 points Using lab 7 with a two-day lead time (all original values), what amount will be ordered on day 95, assuming a min of 3,000 and a max of 5,100? A. 2,711 OBO C. 2,990 D. 2,389 E. 2,769 QUESTION 3 10 points COST PARAMETERS Ordering Cost $ $ 50.00 Holding Cost $ 0.02 Shortage Cost $ 2.00 SYSTEM PARAMETERS min (if below) max (order up to) Avg Demand (d) 2,500 4,500 925 125 ) st Dev SIMULATION RESULTS Day Beginning Inventory Position Number Ordered Daily Demand Day-End Inventory Ordering Costs Beginning Inventory On- Hand 1,700 Holding Costs Shortage Costs Total Cost For Day 1 2 3 3 4 5 6 7 8 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 897 960 879 934 1,148 1,096 831 817 1,172 984 961 1,026 1,017 886 784 708 1,222 920 949 877 803 840 998 23

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