Assignment 1

Assignment #1 1. In Excel, use a fitted method acting for simulating the interval in the midst of serial breakdowns, according to the continuous dispersion shown? If you assume that the add up of geezerhood needed to animate a copier is haphazard,you thunder mug generate a random sub payable denoted r2 betwixt 0 and 1:0 < random observe < 0.2, accordinglyce it takes 1 solar day 0.2 < random lever < 0.65, then it takes 2 days 0.65 < random value < 0.90, then it takes 3 days 0.9 < random value < 1, then it takes 4 days 2. In Excel, use a suitable method for simulating the lost(p) revenue for each day the copier is out of avail? Intervals between successive breakdowns: The fortune dissemination of the random variable varies between the times of 0 to 6 weeks, with the probability increase as time goes on. This can be approximated by the matter F(x) = x/18, for 0?x?6, where x= weeks between car breakdowns Therefore the distribution functio n is :F(x) = x²/36 for 0?x?6 If we set this bear on to another random number r1 that is between 0 and 1 then r1 = x²/36 => x=6*sqrt(r1) 3. jell all of this together to re-create the lost revenue due to copier breakdowns over 1 year to answer the question asked in the case probe? Since the number of copies sold per day is a uniform probability distribution between 2000 to 8000 copies, r3 is a random number between 2000 and 8000.

To get the amount of telephone line lost on a particular day is r3*repair time, and the lost revenue is then equal to 0.1*r3*repair time, since they rosiness $0.10 per copy. 4. In a voca lize processing program, write a brief descr! iption/ explanation of how you implemented each routine of the model. Write 1-2 paragraphs for each component of the model (days-to-repair; interval between breakdowns; lost revenue; position it together). 1. resort hotel Distribution P(x) Cumulative fixture Time 0.2 0 1 0.45 0.2 2 0.25 0.65 3 0.1 0.9 4 1.0 Breakdown Random Time between Random Repair Random Lost...If you want to get a full essay, exhibition it on our website: OrderCustomPaper.com

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