in any simulation model ,the service time, is considered: O a controllable input O a probabilistic input none of the answers O a predetermined value
Q: TRUE OR FALSE
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- 12 ed 1.00 An overhead crane of ABC Ltd. moves jobs from one machine to another and must be used every time a machine requires loading or unloading. The demand for service is random. Data taken by recording the elapsed time between service calls followed an exponential distribution having a mean of a call every 24 minutes. In a similar manner, the actual service time of loading or unloading took an average of 8 minutes. What is the average number of units in the system in the steady state? a) 0.6 Select one: O 1. c 02. a O 3. b O 4. d b) 0.9 c) 0.5 d) 0.7#5 Which of the following is a simulation? some method of generating virtual measurements that look like what would be gotten from a sample taking a series of measurements based on multiple samples measuring the mean and standard deviation of measurements from a sample specifying the expected mean and standard variation of measurements for an entire populationWhat is the process for achieving steady state results in a simulation?
- Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her supplier in Mexico. Although Valentine’s Day is fast approaching, sales are almost entirely last-minute, impulse purchases. Advance sales are so small that Weiss has no way to estimate the probability of low (25 dozen), medium (60 dozen), or high (130 dozen) demand for red roses on the big day. She buys roses for $15 per dozen and sells them for $40 per dozen. Construct a payoff table. Which decision is indicated by each of the following decision criteria?a. Maximinb. Maximaxc. Laplaced. Minimax regretScenario 3: Falsifying Attendance Jason, a Junior System Administrator with the Management Information Systems Department, clocked in 4 minutes and 27 seconds late for work this morning. While he won’t get fired for it, being late this once means that he will not receive the perfect attendance incentive which he needs to make ends meet, given his daughter’s recent series of hospitalizations. It’s not that Jason didn’t make an effort to be there on time. He actually arrived in the office five minutes early but was unable to clock in immediately because his direct superior, Raffy, asked him for an informal project progress report as soon as he walked in the door. As a Junior System Administrator, Jason has access and the capability to edit the company’s attendance records. He figures that since he was unable to punch in only because of his boss, it wouldn’t hurt to edit the timestamp on his attendance for today. What is the Business Ethics Principles that suit to this case study?…41) Burger Cart April has a popular burger cart where an average of 12 customers per hour arrive to buy a burger. April can serve an average of 20 customers per hour. Layla runs a coffee stand across the street from April. As Layla looks over at April's burger cart, what is the probability she will see 3 customers at the cart (in line or being served)? Group of answer choices 0.4219 0.0156 0.7500 0.0117 0.0720 0.1055 0.2500 42) Burger Cart The average time required to serve a customer = _______ minutes. Group of answer choices 2.50 minutes 1.67 minutes 3.00 minutes 20.00 minutes 4.00 minutes 5.00 minutes 2.00 minutes
- This is the Littlefield Simulation. Please help me use the following analysis methods. Background Littlefield Technologies (LT) has developed another DSS product. This new model is manufactured using the same process as your previous assignment “Capacity Management at Littlefield Technologies” — neither the process sequence nor process time distributions have changed. Daily customer demand continues to be random, but this time there is no trend. Expected demand remains stable during the entire product life span. Marketing knows demand will end abruptly on Day 268 when a new model is released. LT will again: cease production, retool, and dispose of the obsolete inventory. Marketing discovered that customers would pay higher prices for shorter lead time contracts. LT has been reluctant to quote shorter lead times because current averages have been running longer than they would like. They are wondering if you might be able to shorten lead times and increase marginal revenues.…Deborah Holwager, a concessionaire for the Amway Center in Orlando, has developed a table of conditional values for the various alternatives (stocking decision) and states of nature (size of crowd) Alternatives States of Nature (size of crowd) Large Average Small Large Inventory Ave yge Inventory Smal Inventory $12,000 -51,000 $18,000 $15.000 $16,000 $4,000 $10,000 $5,000 Probabilities associated with the states of nature are 0.35 for a large crowd, 0.50 for an average crowd, and 0.15 for a small crowd. $6.000 a) The alternative that provides Deborah the greatest oxpected monetary value (EMV) is The EMV for this decision is s (enter your answer as a whole number).HW1 Q1 Consider the emergency department of a hospital that operates as follows: Upon arrival, patients first wait in line for registration. Then, after registration, patients wait to see a triage nurse who classifies them as either critical or non-critical. After the triage nurse, critical patients go to the emergency care area waiting to be seen by a doctor while non-critical patients go to the routine care area where they wait to see a doctor. It is determined that there are, on average, 20 patients registering or waiting to be registered, 5 patients being seen or waiting to be seen by the triage nurse, 15 critical patients being seen or waiting to be seen by a doctor in the emergency area, and 20 non-critical patients being seen or waiting to be seen by a doctor in the routine care area, Assuming that 20 patients arrive every hour and that 75% of the patients are non-critical, how many minutes does a patient spend on average in the emergency department of the hospital? Average time…
- Deborah Hollwager, a concessionaire for the Amway cener in Orlando has developed a table of conditional values for the various altenatives(stocking decision) and state of nature (size of crowd) Alternatives large average small large inventory $20,000 $10,000 -$2,000 average inventory $12,000 $12,000 $8000 small inventory $10,000 $6,000 $5,000 probabilities associated with the states of nature are 0.35 for a large crowd, 0.50 for an average crowd, and 0.15 for a small crowd. a) The alternative that provides Deborah the greatest expected monetary value (EMv) is the EMV for this decision is $________ b) For Deborah, the expected value of the perfect information (EVPI)=$______Write a brief description of the signalized intersection simulation models identified.Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins working on a bag when a customer order has been received and then she makes the bag from beginning to end. The average production time of a bag is 1.7 days, with a standard deviation of 3 days. Larry expects to receive one customer order per day on average. The interarrival times of orders have a coefficient of variation of one. X Answer Is complete but not entirely correct. (Carry at least 4 decimal places in all intermediate calculations. Round your final answer to 2 decimal places.) What is the expected duration, in days, between when an order is received and when production begins on the bag? 30.39 8 days