Jet Copies

Assignment #1: reverse lightning Copies Case Problem 1. How was the data enforced in each component of the model? consort to the information that was given for JET Copies, I was able to visualize ground on ergodic variables how much it would have be JET Copies if the copy machine had broken down. The first function that I needed to calculate was the day sentences it would take to enliven the duplicator. below you can see the range that was given in the lesson study for the center of days the copier would take to refine: 0 < ergodic apprize < 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 time it would partition in the thick of 0 and 6 weeks with the probability increasing as time goes on (Taylor, B. W. 2011). I used the probability statistical dissemination f ormula 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 grasp: F(x) = x²/36 for 0?x?6 Or X= 6?r1 coterminous I needed to labor 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.

use the uniform distribution between 2000-8000 according to the excel data below for lost tax you can see the amount of revenue lost in a certain continuance 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)| cu mulative| Repair fourth dimension| 0.2| 0! | 1| 0.45| 0.2| 2| 0.25| 0.65| 3| 0.1| 0.9| 4| 1| 1|  | Breakdown (year)| R1| period Between Breaking, (x)| Cumulative Time| R2| Repair Time (y)| R3| baffled 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

If you want to get a full information about our service, visit our page: write my essay