Reorder Point Simulation
For this assignment, refer to your Chapter 3 reading for this unit in the Hartvigsen text, and review Chapter 1 and Section 1 of Chapter 2. In Unit 1, you studied a process simulation involving SimQuick. This assignment provides another exercise using a process simulation.
For this assignment, refer to your Chapter 3 reading for this unit in the Hartvigsen text, and review Chapter 1 and Section 1 of Chapter 2. In Unit 1, you studied a process simulation involving SimQuick. This assignment provides another exercise using a process simulation.
- Complete Exercise 13, from Chapter 3, Section 2, on page 49. This exercise features an electronics superstore.
- Create a copy of your simulation results. Copy and paste the first five columns in a manner similar to what appears on page 15.
Complete Exercise 13 from Chap. 3, Section 2, on p. 53. This exercise features an electronics superstore. Create a copy of your simulation results. Copy and paste the first five columns in a manner similar to what appears on p. 15.
• Run 30 Simulations and report the overall “Mean Service Level” and “Estimated Total Cost”.
• Provide a: 1) Written Analysis of your results including any detailed calculations, and 2) your Excel Simulation worksheet.
• I'm attaching a copy of the Excel Template that you can use for this assignment. Please use this template when submitting your work;
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