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 36 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
Gracias!

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Absorption & Stripping Design Random packing materials Absorption & Stripping Design Random packing materials
Selected Natural Products Selected Natural Products
Schematic representations of (a) random, (b) alternating, (c) block, and (d) graft copolymers. Schematic representations of (a) random, (b) alternating, (c) block, and (d) graft copolymers.
How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
Prove the argument using two column proof numbers 2 and 5 only. Prove the argument using two column proof numbers 2 and 5 only.
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Video: Types of energy transfer reactions: oxidation-reduction reactions and ATP generation reactions

For a complete list of videos, visit our video library