Tuesday, October 15, 2013

Jet Copies

Assignment #1: reverse lightning Copies Case Problem 1. How was the selective information enforced in each component of the model? concord to the information that was given for JET Copies, I was able to visualise ground on ergodic variables how much it would have comprise JET Copies if the copy machine had broken down. The first involvement that I needed to calculate was the days it would take to perk up the copier. below you can see the range that was given in the lesson study for the make sense of days the copier would take to redress: 0 < stochastic jimmy < 0.2, wherefore it takes 1 day 0.2 < random value < 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 nigh I looked at the interval of how many beat it would partition in the middle of 0 and 6 weeks with the probability increasing as time goes on (Taylor, B. W. 2011). I used the probability statistica l dispersion formula below to generate that function: F(x) = x/18, for 0?x?6 where X= time between breakdowns When I substituted the information that was given in the text into this formula you ram: F(x) = x²/36 for 0?x?6 Or X= 6?r1 coterminous I needed to advise the amount of lost gross JET Copies would lose if the copier was down every six weeks and the copier took 0-4 days to fix.
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utilize the uniform distribution between 2000-8000 according to the excel data below for lost gross you can see the amount of revenue lost in a certain space of days. In collection to compute the amount of lost revenue would be to use the R3 calculations times the repair time calculations (y) . P(x)| accumulative| Repair fourth dime! nsion| 0.2| 0| 1| 0.45| 0.2| 2| 0.25| 0.65| 3| 0.1| 0.9| 4| 1| 1|  | Breakdown (year)| R1| condemnation Between Breaking, (x)| Cumulative Time| R2| Repair Time (y)| R3| scattered Revenue Cost ($)| 1| 0.1808| 1.70| 1.70| 0.3553 | 2| 6321| $ 12,642 | 2| 0.4281| 2.62| 4.32| 0.1553 | 1| 6338| $ 6,338...If you want to get a full essay, order it on our website: OrderEssay.net

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