Qat1 Task 1

A. Complete the attached “Simulation Template” to determine the following costs:

1. Average materials cost per unit

The below are the steps I used to find the material cost per unit. The first thing I had to figure out was the interval random numbers.

In order to find out the material cost per unit, I had to figure out the interval random numbers.

Materials |

Probability | Cost | Interval Random Numbers* |

0.18 | $ 33.00 | 0.00 < 0 .18 |

0.23 | $ 35.00 | 0.18 < 0.41 |

0.32 | $ 38.00 | 0.41< 0.73 |

0.27 | $ 39.00 | 0.73 < 1 |

*This numbers came from the probability. Starting at 0.00 less than the probability which is 0.18 then we start at 0.18 (which is the initial probability) less than 0.41. Now 0.41 comes from adding the initial probability of 0.18 and the second 0.23. Now we start at 0.41 less than 0.73 (this number comes from adding 0.41 plus the thirst probability of 0.32). Now we start at 0.73 less than 1 (this number comes from adding 0.73 plus the last probability of 0.27)

- Now I have everything I need to find the Average materials cost per unit.

First, we look at the random numbers given by the scenario and apply the cost to the table given depending on where in the interval numbers the random number falls.

Random Number | Materials Cost per Unit |

28 | $ 35.00 |

14 | $ 33.00 |

44 | $ 38.00 |

51 | $ 38.00 |

91 | $ 39.00 |

38 | $ 35.00 |

79 | $ 39.00 |

70 | $ 38.00 |

98 | $ 39.00 |

11 | $ 33.00 |

By matching the color of the random numbers to the first table you can tell where the random number falls and this is where the materials cost per unit comes from and it is being input on the second table.

Now I added all the 10 costs per units amount from table 2 and divided by 10 in order to get the average.

35 + 33 + 38 + 35 + 39 + 35...