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Author Question: Complete the following table in preparation for a Monte Carlo simulation.DemandProbabilityCumulative ... (Read 25 times)

sc00by25

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on: Dec 3, 2019

Question 1

Create a distribution of random numbers that would result in average demand per period for a Monte Carlo simulation that is equivalent to the expected demand per period using the data given by the chart below.

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


Question 2

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

DemandProbabilityCumulative ProbabilityInterval of Random Numbers
1​​01-20
2​​21-25
3​​26-50
4​​51-80
5​​81-00
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
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Marked as best answer by sc00by25 on Dec 3, 2019

kingfahad97

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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.
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sc00by25

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Reply 2 on: Dec 3, 2019
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
Wow, this really help

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