Mat540

Assignment #1: JET Copies Case Problem Do not submit this work as your own. Reword to mother across originality #5 The reasonable follow of mean solar years needed to refuge the copier: continual Probability Distributions I did the cumulative probability for the four make wear besot twenty-four hourss. Then I named the cumulative probability and darn cadence daytimes lookup. I decided to expand my resurrect cartridge holder days to hundred to get a better average and I used the formula =rand() to get my random come ups. I froze my random way outs. To convert my random human activitys to pay off term days, I used the formula =vlookup(F6,vlookup,2) and average the blow repair time days. Equals= 2.18. The average number of weeks between breakdowns: I used 100 repair time days, then I =rand () to get my random numbers. The random numbers were frozen. To get my time between breakdowns I used the formula =4*sqrt(m7) for invariable proba bility function and averaged . Equals= 2.56 Lost Revenue Due to copier Being Out of Service: The maximum estimated number of copies wander was 8000; the price for the copies is 10 cents each. I multiplied the maximum estimated number of copies sold by 10 cents per copy. That equaled to $200 per day. The minimum estimated number of copies sold was 2000.

I did the same for the 2000 at 10 cents per day and got $800 per day. To get the lost tax income delinquent to copier organism out of service, I averaged the $800 and $200. This gave me expected gross of $500 per day that would be lost while the copier is out of service. outcome: The averag! e number of breakdowns per year is 20.324 (dividing 52 weeks/year by 2.56 weeks/breakdown), the receipts lost per breakdown is $1,090 (days lost/breakdown 2.18 * revenue lost/day 500), and the revenue lost per year cod to breakdowns to be $22,153.14 (breakdowns/year 20.324 * revenue lost/breakdown$1090). #6 ground on my calculations they should purchase a backup copier. The hurt of revenue is $22,153.14, which is greater than the $12,000. I am...If you want to get a serious essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper