Question: You decide that you would also like to know the average demand every month. Calculate the total demand as part of your simulation, then add

You decide that you would also like to know the average demand every month. Calculate the total demand as
part of your simulation, then add a column called Total Demand to your replication table (use column W). Add
a column for Demand in your summary table (M31 to P31). Follow the procedure above to determine average,
max, and min monthly demand. (HINT: add a sum for monthly demand similar to the sum for the monthly costs
you already have). Once youre ready, re-run the data table.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!