Mat540 Jet Copies

MAT 540 Assignment #1 Should thousand Copies Buy a supporting Copier? By Richard C. King Prof. Angel Martinez MAT540054VA005-1118-001: quantitative Methods October 30, 2011 1. Model Number of geezerhood to Repair The assume for the scrap of old age to resuscitate a duplicator employ the determination employ in a ergodic Number generation RAND() in tower E, and based on the seminal fluidulative Probability entropy listed below: Repair criterion Distribution| Probability| Cum Probability| Repair chiliad (days)| 0.2| 0| 1| 0.45| 0.2| 2| 0.25| 0.65| 3| 0.1| 0.9| 4| The tone =VLOOKUP(E20,$C$8:$D$11,2) which was employ in newspaper column F based on the following correlation: 0 < RAND() < 0.2 is listed as 1 Day 0.2 < RAND() < 0.65 is listed as 2 Days 0.65 < RAND() < 0.90 is listed as 3 Days 0.9 < RAND() < 1 is listed as 4 Days 2. Model Number of Weeks mingled with Breakdowns The model for number of weeks in the midst of copier breakdowns used a probability diffusion of the stochastic variable that varied amongst the meter of weeks 0 to 6. It was based on the probability would be increase as time goes on.

An melodic theme of this model by the bunk of x listed below: fx=x18 for 0<x<6 and so the distribution function is: fx=x236 for 0<x<6 When applying this equation in tug C to a ergodic number that is in the midst of 0 and 1 in tower B hence: hit-or-miss Number=x236 or x=6Random Number 3. Model unconnected tax revenue Due to Breakdowns The number of copies make per day is a constant probability distribution in the midst of 2000 to 8000 copies sold, the legislation used is a =+RANDBETWEEN(2000,6000). This will generate a random number in Column G between 2000 and 8000 only, the limits of the model. The next formula in Column H used is the =0.1*G49*F49 which multiples the appeal of a bingle page of copy at $0.10 with the Number of days of repair and the random number of copies make per day. This formula provides cost of care losses per repair....If you want to contribute a rich essay, disposition it on our website: Ordercustompaper.com

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