Solve using Excel solver/Monte Carlo simulation only. Optimization in simulation question. Inventory Planning. Rowers North, Inc. (RNI) would like to develop an inventory policy that will minimize the
Solve using Excel solver/Monte Carlo simulation only. Optimization in simulation question. Inventory Planning. Rowers North, Inc. (RNI) would like to develop an inventory policy that will minimize the total cost associated with the company’s inventory of rowing machines, while ensuring that few customers are unable to purchase a machine the day they walk in the store. The type of inventory policy they prefer involves a […]