Using this lab with a two-day lead time (all original values), what is the total cost if we increase the min and max by 15% each?

	A.	$254,508
	B.	$239,868
	C.	$527,679
	D.	$423,019

Using this lab 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.	2,389
	B.	2,711
	C.	2,990
	D.	0
	E.	2,769

Using this lab with a two-day lead time (all original values), what is the total holding cost assuming that a min and max of 2,900 and 4,400, respectively, are used?

	A.	$95,613
	B.	$244,047
	C.	$115,083
	D.	$123,400

Using this lab with a two-day lead time (all original values), what is the optimal min and max to get the lowest total cost, rounded to the nearest increment of 50?

	A.	Min = 2,800 Max = 4,200
	B.	Min = 2,750 Max = 4,200
	C.	Min = 2,800 Max = 4,150
	D.	Min = 2,750 Max = 4,150

Using this lab with a three-day lead time (all original values), what is the total cost with a min and max of 4,300 and 5,800, respectively? (Round to the nearest whole number) _______________________

2 3 COST PARAMETERS Ordering Costs 50.00 Holding Cost $ 0.02 Shortage Costs 2.00 SYSTEM PARAMETERS min (if below) max (order up to) 925 2,500 4,500 Avg Demand (d) St Dev (0) 125 5 6 7 $ 84,750 $ 347,316 $ 527,679 95,613 $ RESULTS Daily Demand Ordering Costs Holding Costs Shortage Costs Total Cost For Day 9 50.00 $ $ 10 11 12 13 14 15 16 17 18 19 Beginning Day Inventory On- Hand 1 1,700 2 803 3 2,800 4 1,921 5 987 6 2,579 7 1,483 8 652 9 3,017 10 1,845 SIMULATION Beginning Number Inventory Ordered Position 1,700 2,800 3,603 0 2,800 0 1,921 2,579 3,566 0 2,579 0 1,483 3,017 3,669 0 3,017 0 1,845 2,655 897 960 879 934 1,148 1,096 831 817 1,172 984 Day-End Inventory 803 0 1,921 987 0 1,483 652 0 1,845 861 $ $ S S S $ $ $ S 50.00 $ S $ 50.00 $ S S 50.00 $ 16.06 $ $ 38.42 $ 19.74 S $ 29.66 $ 13.04 S S 36.90 $ 17.22 $ $ 314.00 $ $ $ 322.00 $ $ $ 330.00 $ $ $ 66.06 314.00 38.42 69.74 322.00 29.66 63.04 330.00 36.90 67.22 $