hmwk9new - to bring the on hand inventory to 6 brushes 2....

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ISyE 3232 Stochastic Manufacturing and Service Systems Fall 2011 H. Ayhan Homework 9 November 4, 2011 (Due November 9) 1. Daily demand for paint brushes at a particular store follows the demand distribution: d 0 1 2 3 4 P ( D = d ) . 5 . 15 . 3 . 04 . 01 . The stock level is reviewed every evening and when warranted an order is placed at the central ware- house to augment stock. Orders arrive over night and are available to meet the demand on the morning of the next day. The fixed cost for placing an order at the end of the day is $0.2 and the per unit order cost is $0.05, the daily per unit holding cost is is $0.01 and the per unit penalty cost for unfilled orders is $0.5. Compute the long run expected daily cost under the following inventory replacement policies: (a) If the number of brushes at the end of the day is 2 or less the management orders enough brushes to bring the on hand inventory to 6 brushes (b) If the number of brushes at the end of the day is 3 or less the management orders enough brushes
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Unformatted text preview: to bring the on hand inventory to 6 brushes 2. Consider a bank with two tellers. Teller 1 has an exponential service time with mean 3 minutes and teller 2 has an exponential service time with mean 6 minutes. Alice, Betty, and Carol enter the bank at the same time. Alice goes to teller 1 and Betty goes to teller 2 while Carol waits for the first available teller. (a) What is the expected time that Carol spends in the bank? (b) What is the expected time until the last of the three customers leaves the bank? (c) What is the probability that Carol is the last one to leave? 3. Sue and Liz arrive at a beauty salon together and plan to leave together. Sue needs a perm, and Liz a manicure. The duration of a perm is exponentially distributed with rate 5 /hr ; that of a manicure is exponentially distributed with rate 10 /hr . If both are served immediately, what is expected duration one has to wait for the other?...
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This note was uploaded on 12/07/2011 for the course ISYE 3232 taught by Professor Billings during the Fall '07 term at Georgia Institute of Technology.

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