This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the following random numbers (1, 34, 22, 78, 56, 98, 00, 82) were selected during a Monte ... (Read 38 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Dec 3, 2019

Question 1

Complete the following table in preparation for a Monte Carlo simulation.

DemandProbabilityCumulative ProbabilityInterval of Random Numbers
0.1​​
1.15​​
2.4​​
3.15​​
4.2​​


Question 2

Suppose the following random numbers (1, 34, 22, 78, 56, 98, 00, 82) were selected during a Monte Carlo simulation that was based on the chart below. What was the average demand per period for the simulation? What is the expected demand?

DemandProbabilityCumulative ProbabilityInterval of Random Numbers
0.1​​
1.15​​
2.4​​
3.15​​
4.2​​
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by neverstopbelieb on Dec 3, 2019

aham8f

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Selected Drugs for Glaucoma Selected Drugs for Glaucoma
In the Tai Forest a female chimp demonstrates a skill once thought to be unique to humans. Here she In the Tai Forest a female chimp demonstrates a skill once thought to be unique to humans. Here she
Calories Expended during Selected Activities Calories Expended during Selected Activities
Selected Local Anesthetics Selected Local Anesthetics
Identification of the numbers in the Word Problem Identification of the numbers in the Word Problem
Solve Diophantus’s Problem B–8: To find two numbers such that their difference a Solve Diophantus’s Problem B–8: To find two numbers such that their difference a
Video: Types of energy transfer reactions: oxidation-reduction reactions and ATP generation reactions

For a complete list of videos, visit our video library