IIMT 3636 Group Project: Napa Valley Winery Group
Illustrated below is a timeline of the costs that would be incurred in the first 2 years of operation
for the Napa Valley Winery:
Part I
I.I Building the Linear Programming Model
To calculate the maximum p
IIMT 3636
Assignment 04
(Chapter 02 & 03; Due Feb 27)
1. The following data give the starting salary for students who recently graduated from a local university
and accepted jobs soon after graduation. The starting salary, grade-point average (GPA), and m
IIMT 3636
Assignment 01
(Chapter 01 Probability Concepts and Applications; Due Feb 6)
1. The oasis outpost of Abu Ilan, in the heart of the Negev desert, has a population of 23 Bedouin
tribesmen and 25 Farima tribesmen. El Kamin, a nearby oasis, has a pop
Chap 1
Probability & Statistics
1. The probability of winning and drawing a large crowd = 0.86 14/20 = 0.602
2. P(Abu Ilan and Bedouin) = 23/(23+25) x (0.5) = 0.2396
P(El Kamin and Bedouin) = 35/(35+9) x (0.50) = 0.3977
The total probability of finding a
Chapter 5
Inventory Control
Introduction
Inventory is any stored resource used to satisfy a
current or future need
Common examples are raw materials, work-inprocess, and finished goods
Most companies try to balance high and low
inventory levels with co
4.3 M/M/s Queueing Model
Characteristics
1. Interarrival time is exponential with rate
Arrival process is Poisson Process with rate
2. Interarrival time is exponential with rate
Number of services is Poisson Process with rate
3. Multiple Server:
Numbe
APPENDICES
630
iillilllillili
Om: NNA Ow; NON NO; NOA OWH MON mm: VOA HON OM .N HNN NMN OON OO.M WON 8
ON. OmA mm; HO; OOA mWH MM: NO; OOA NON OON MEN ONN OWN wON NO.M NON ONO
OM; NO: OOA OWN OWH VOA NO. O OOA .vON OWN NO .N ONN NMN MON OWN E .M OOJV OO
Normal Table:
Example: To find the area under the normal curve, you must
know how many (z) standard deviations that point is to the
right of the mean. Then the areal under the normal curve can
be directly read from the table below. For example, for
z=1.55
Chap 8 Queuing
1. A university cafeteria line in the student center is a self-serve facility in which students select the
food items they want and then form a single line to pay the cashier. Students arrive at a rate of
about five per minute according to
Solution to the Monty Hall Problem with the
Bayesian Theorem
Lukas Prokop
September 27, 2013
1
The problem
In a quizshow, the candidate has to select one of three doors. Behind two doors
there is a goat (an undesirable prize). Behind the one door there is
Chap 5 Inventory Control (Due Nov. 28)
1. Barbara Bright is the purchasing agent for West Valve Company. West Valve sells industrial valves
and fluid control devices. One of the most popular valves is the Western, which has an annual
demand of 4,000 units