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Use the Table Below to Answer the Following Question(s)

Question 3

Multiple Choice

Use the table below to answer the following question(s) .
Below is the spreadsheet for an economic order quantity model.
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 increase in total cost? A) $ 280 B) $ 590 C) $ 355 D) $ 450
Assume that the distribution of demand is normal with a mean of 20,000 and standard deviation of 2,000.
-What is the increase in total cost?


A) $ 280
B) $ 590
C) $ 355
D) $ 450

Correct Answer:

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