
Use the table below to answer the following question(s) .
Below is the spreadsheet for an economic order quantity model.
Assume that the distribution of demand is normal with a mean of 20,000 and standard deviation of 2,000.
-What is the coefficient of variation obtained from the simulation results?
A) 0.28
B) 0.10
C) 0.45
D) 0.60
Correct Answer:
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