MAT500 Assignment 1 simulation

MAT500 Assignment 1 simulation - 0.4308 2 0.9386 7.6319...

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Assignment #1: JET Copies Case Problem Cumulative Repair time Average time between breakdowns (weeks) = 3.72 weeks P (y) Probability y (days) Average repair time (days) = 2 days 0.20 0.00 1 Total loss of revenue for one year = 14560.84 dollars 0.45 0.20 2 0.25 0.65 3 0.10 0.90 4 1.00 Random Time Between Cumulative Random Repair Random Number of Lost Average lost revenue (each day)= 520.03 Number 1 Breakdowns Number of Number 2 time Number 3 Copies Lost Revenue ($) Standard deviation = 170.01 (RN1) x (weeks) Weeks (RN2) y (days) (RN3) (in thousands) (each day) UCL (95%) = 553.35 0.5479 4.44 4.44 0.4882 2 0.1379 2.8275 282.75 LCL (95%) = 486.71 0.9392 7.6352 763.52 0.0416 1.22 5.66 0.2623 2 0.4865 4.9189 491.89 0.7676 6.6056 660.56 0.1714 2.48 8.15 0.2608 2 0.4793 4.8758 487.58 0.1949 3.1693 316.93 0.5605 4.49 12.64 0.5169 2 0.5060 5.0359 503.59 0.8392 7.0350 703.50 0.4787 4.15 16.79
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Unformatted text preview: 0.4308 2 0.9386 7.6319 763.19 0.3011 3.8066 380.66 0.5853 4.59 21.38 0.2946 2 0.7141 6.2844 628.44 0.7969 6.7813 678.13 0.2582 3.05 24.43 0.2958 2 0.2139 3.2835 328.35 0.3675 4.2050 420.50 0.7437 5.17 29.61 0.8866 3 0.6585 5.9510 595.10 0.5702 5.4209 542.09 0.4973 4.9838 498.38 0.4707 4.12 33.72 0.2123 2 0.0674 2.4042 240.42 0.7732 6.6389 663.89 0.3669 3.63 37.36 0.0974 1 0.1082 2.6494 264.94 0.0526 1.38 38.73 0.4610 2 0.5018 5.0108 501.08 0.6931 6.1586 615.86 0.3065 3.32 42.05 0.7309 3 0.4177 4.5065 450.65 0.1229 2.7372 273.72 0.8727 7.2359 723.59 0.5721 4.54 46.59 0.3938 2 0.2203 3.3220 332.20 0.8828 7.2966 729.66 0.8253 5.45 52.04 0.1710 1 0.8661 7.1966 719.66 145.6084 14560.84...
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