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Date Submitted: 04/07/2015 06:58 PM
Module 5 Group Study
Chapter 18 problems
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Supplement to Chapter 18 problems
|8. | | |
| |X |Cum. Prob. |Random
# Range |Period |Rand. # |Weekly
Usage |Two-weeks
Total |Usage |Rel. Frequency | | | |0 |.061 |001 - 061 |1 |331 |2 |3 |0 |0 | | | |1 |.231 |062 - 231 |2 |098 |1 | |1 |0 | | | |2 |.470 |232 - 470 |3 |485 |3 |4 |2 |0 | | | |3 |.692 |471 - 692 |4 |082 |1 | |3 |2/6 = .33 | | | |4 |.848 |693 - 848 |5 |161 |1 |5 |4 |1/6 = .167 | | | |5 |.935 |849 - 935 |6 |823 |4 | |5 |1/6 = .167 | | | |6 |.976 |936 - 976 |7 |898 |5 |8 |6 |1/6 = .167 | | | |7 |.992 |977 - 992 |8 |642 |3 | |7 |0/6 = 0 | | | |8 |.998 |993 - 998 |9 |179 |1 |3 |8 |1/6 = .167 | | | |9 |.999 |999 - 000 |10 |442 |2 | |9 |0 | | | | | | |11 |154 |1 |6 | | | | | | | | |12 |853 |5 | | | | |
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Supplement to Ch. 18 case
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4. Repeat the simulation a few times and see if the storage probability distributions are relatively consistent for the samples.
Supplement to Ch. 6 problems
[pic][pic][pic]Supplement to Ch. 8 problem
4. If the store is opened in South Coast Plaza (SCP), then the optimal shipments are as follows:
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If the store is opened in Fashion Island (FI), then the optimal shipments are as follows:
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If the store is opened in Laguna Hill (LH), then the optimal shipments are as follows:
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Since $10,080 < $10,380 < $10,500, open the store in South Coast Plaza (SCL).
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From App. B, Table C, μ = 2.8