When applying simulation to an inventory problem, which of the following would be an uncertain variable cell?
A) The total profit
B) The holding cost per unit
C) The demand
D) All of the answers choices are correct.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

In a simulation for an inventory problem, the demand is an uncertain variable that can vary based on different scenarios. Total profit and holding cost per unit are not uncertain variables, they are determined by the decision variables and the uncertain variables. Therefore, the correct answer is C, demand.

When Applying Simulation to an Inventory Problem, Which of the Following