Jet Copies Shaneka Thompson Assignment 1 Math 540 Case Problem Finding the total geezerhood of repair in the good example, first you click on the module at the top and scroll to simulation. Click simulation and open new file. There was a pop up box which you label. I labeled mine Average days of repair. Then I picked 4 categories and put in deoxycytidine monophosphate trails and clicked Ok. When the spreadsheet came up I place in the value component 1, 2, 3, 4 and he frequency I determined 0.2, 0.45., 0.25, and 0.10 and clicked solved in the top. This gave me an medium of 2.31 days. By hand I calculate the copies per day. I repeated the steps for getting the weeks between intermission down. I picked 4 categories and 100 trials. For the values I placed in 1, 2, 3, 4 symbolizing the weeks and 1,1,1,1 for the frequency. This simulation gave me the average of 2.68. By hand I calculated the estimated loss of tax income per course of study. The third simulation was to determine the loss of revenue per day. The values that were employ were the estimated dollar amount and the frequency that I used was 1, 1, 1. This gave me an average of 521 days. I then by hand found the estimated revenue lost. Once the average rime were tallied, I placed the numbers in the stimulation to gather the average cost per year which was by, simulation 23,633. 58 to 23,931.
54 and by estimate was 23,100. The overall suck in the QM simulation if uses correctly and numbers are used correctly gives a correct simulation of loss or profit. I believe just using one estimate and not using trials would give a narrow band of quantitative losses in the case. The simulation provided gives how galore(postnominal) trials and the average. The average is cardinal because it give a range of creditability and realistic numbers to adopt what the loss may be or exactly how many days the copier would be under repair. Reviewing the numbers the devil needed the simulations to verify if they should wait a year to grease ones palms another copier. They are losing over twenty thousand dollars a... If you want to get a full essay, order it on our website: Orderessay
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