Business, 16.12.2020 17:00 719563mercy

Use Analytic Solver Platform to simulate the Outsourcing Decision Model under the assumptions that the production volume will be triangular with a minimum of 800, maximum of 1,700, and most likely value of 1,400, and that the unit supplier cost is normally distributed with a mean of $175 and a standard deviation of $12. Find the probability that outsourcing will result in the best decision.

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Use Analytic Solver Platform to simulate the Outsourcing Decision Model under the assumptions that t...

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