Services
Discover
Homeschooling
Ask a Question
Log in
Sign up
Filters
Done
Question type:
Essay
Multiple Choice
Short Answer
True False
Matching
Topic
Business
Study Set
Management Science
Quiz 12: Simulation
Path 4
Access For Free
Share
All types
Filters
Study Flashcards
Practice Exam
Learn
Question 41
Essay
On a visit to an amusement park you pass someone who has just ridden a roller coaster and asks you for directions to the First Aid Station. Realizing that traffic at the First Aid Station would be something to study with simulation, you gather some information. Two EMTs staff the station, and patients wait and go to the first one available. People coming there can be divided into two groups: those who need something minor (e.g. Tylenol, a band-aid) or those who need more help. Assume those in the first group constitute 25% of the patients and take 5 minutes to have their problem solved. Those in the second group need an uncertain amount of time, as given by a probability distribution. Develop a flowchart for this simulation problem.
Question 42
Essay
As the owner of a rent-a-car agency you have determined the following statistics:
Potential
Rentals Daily
Probability
Rental
Duration
Probability
1
10
1
day
.
50
2
.
15
2
day
.
30
3
.
20
3
days
.
15
4
.
30
4
days
.
05
\begin{array} { c c c c } \begin{array} { c } \text { Potential } \\\text { Rentals Daily }\end{array} & \text { Probability } & \begin{array} { c } \text { Rental } \\\text { Duration }\end{array} & \text { Probability } \\\hline 1 & 10 & 1 \text { day } & .50 \\2 & .15 & 2 \text { day } & .30 \\3 & .20 & 3 \text { days } & .15 \\4 & .30 & 4 \text { days } & .05\end{array}
Potential
Rentals Daily
1
2
3
4
Probability
10
.15
.20
.30
Rental
Duration
1
day
2
day
3
days
4
days
Probability
.50
.30
.15
.05
The gross profit is $40 per car per day rented. When there is demand for a car when none is available there is a goodwill loss of $80 and the rental is lost. Each day a car is unused costs you $5 per car. Your firm initially has 4 cars. a.Conduct a 10-day simulation of this business using Row #1 below for demand and Row #2 below for rental length.
Row #1:
63
88
55
46
55
69
13
17
36
81
Row #2:
59
09
57
87
07
92
29
28
64
36
\begin{array} { l l l l l l l l l l l } \text { Row \#1: } & 63 & 88 & 55 & 46 & 55 & 69 & 13 & 17 & 36 & 81 \\\hline \text { Row \#2: } & 59 & 09 & 57 & 87 & 07 & 92 & 29 & 28 & 64 & 36\end{array}
Row #1:
Row #2:
63
59
88
09
55
57
46
87
55
07
69
92
13
29
17
28
36
64
81
36
b.If your firm can obtain another car for $200 for 10 days, should you take the extra car?
Question 43
Essay
Using the spreadsheet below, give the cell address which would have the formula shown.
Cell Formula
Belongs in Cell
=
V
L
O
O
K
U
P
(
B
18
,
$
B
$
10
:
$
C
$
12
,
2
)
=
V
L
O
O
K
U
P
(
D
23
,
$
F
$
11
:
$
G
$
14
,
2
)
=
K
1
9
∗
(
$
I
$
16
−
I
19
)
=
V
L
O
O
K
U
P
(
H
27
,
$
B
$
10
:
$
C
$
12
,
2
)
=
A
V
E
R
A
G
E
(
L
18
:
L
27
)
\begin{array}{|l|l|}\hline{\text { Cell Formula }} & \text { Belongs in Cell } \\\hline=\mathrm{VLOOKUP}(\mathrm{B} 18, \$ \mathrm{~B} \$ 10: \$ \mathrm{C} \$ 12,2) & \\\hline=\mathrm{VLOOKUP}(\mathrm{D} 23, \$ \mathrm{~F} \$ 11: \$ \mathrm{G} \$ 14,2) & \\\hline=\mathrm{K} 19^{*}(\$ \mathrm{I} \$ 16-\mathrm{I} 19) & \\\hline=\mathrm{VLOOKUP}(\mathrm{H} 27, \$ \mathrm{~B} \$ 10: \$ \mathrm{C} \$ 12,2) & \\\hline=\mathrm{AVERAGE}(\mathrm{L} 18: \mathrm{L} 27) & \\\hline\end{array}
Cell Formula
=
VLOOKUP
(
B
18
,
$
B
$10
:
$
C
$12
,
2
)
=
VLOOKUP
(
D
23
,
$
F
$11
:
$
G
$14
,
2
)
=
K
1
9
∗
(
$
I
$16
−
I
19
)
=
VLOOKUP
(
H
27
,
$
B
$10
:
$
C
$12
,
2
)
=
AVERAGE
(
L
18
:
L
27
)
Belongs in Cell
Question 44
Essay
Arrivals to a truck repair facility have an interarrival time that is uniformly distributed between 20 and 50 minutes. Service times are normally distributed with mean 30 minutes and standard deviation 10 minutes. Develop a spreadsheet model to simulate the arrival of 100 trucks. Collect information on the time the repair facility is idle and on the average waiting time for trucks.
Question 45
Essay
Seventy-five percent of calls arriving at a help line can be handled by the person who answers the phone, but the remaining 25% of them will need to be referred to someone else. Assume that every call requires one minute of attention by the person who answers the phone (either to answer the question or to figure out how the referral should be handled). Calls that are referred need an additional amount of time, as given in the table below.
Time Required
Probability
3
minutes
.
25
5
minutes
.
35
10
minutes
.
40
\begin{array} { c c } \text { Time Required } & \text { Probability } \\\hline 3 \text { minutes } & .25 \\5 \text { minutes } & .35 \\10 \text { minutes } & .40\end{array}
Time Required
3
minutes
5
minutes
10
minutes
Probability
.25
.35
.40
Callers are served on a first come, first served basis, and are put on hold until the line is free. Use the random numbers to simulate what happens to 10 callers. (Use the random numbers in order -- from left to right, first row first -- as you need them.) What percentage of your callers needs to be referred? Of those who had to be referred, what is the average referral time?
.
82
.
39
.
16
.
79
.
56
.
62
.
13
.
04
.
42
.
81
.
85
.
32
.
64
.
90
.
73
.
02
.
76
.
03
.
86
.
67
\begin{array} { l }.82&.39&.16&.79&.56&.62&.13&.04&.42&.81\\.85&.32&.64&.90&.73&.02&.76&.03&.86&.67\end{array}
.82
.85
.39
.32
.16
.64
.79
.90
.56
.73
.62
.02
.13
.76
.04
.03
.42
.86
.81
.67
Question 46
Essay
An airline reservation system first asks customers whether they want to schedule a domestic or an international flight. Sixty-five percent of the reservations are for domestic flights. The time distribution of advance sales is also important, and it is given below.
Domestic Flights
Make Reservations
Rel. Freq.
RN Range
Less than
1
week
in advance
.
25
1
week to
2
months
in advance
.
35
Over
2
months
in advance
.
40
International Flights
Make Reservations
Rel. Freq.
RNRange
Less than
1
week
in advance
.
12
1 week to
2
months
in advance
.
35
2
months to
6
months
in advance
.
40
Over
6
months
In advance
.
13
\begin{array}{l}\begin{array} { | l | c | l | } \hline{ \text { Domestic Flights } } \\\hline \text { Make Reservations } & \text { Rel. Freq. } & \text { RN Range } \\\hline \begin{array} { l } \text { Less than } 1 \text { week } \\\text { in advance }\end{array} & .25 & \\\hline \begin{array} { l } 1 \text { week to } 2 \text { months } \\\text { in advance }\end{array} & .35 & \\\hline \begin{array} { l } \text { Over } 2 \text { months } \\\text { in advance }\end{array} & .40 & \\\hline\end{array}\\\\\begin{array} { | l | c | c | } \hline { \text { International Flights } } \\\hline \text { Make Reservations } & \text { Rel. Freq. } & \text { RNRange } \\\hline \begin{array} { l } \text { Less than } 1 \text { week } \\\text { in advance }\end{array} & .12 & \\\hline \begin{array} { l } \text { 1 week to } 2 \text { months } \\\text { in advance }\end{array} & .35 & \\\hline \begin{array} { l } 2 \text { months to } 6 \text { months } \\\text { in advance }\end{array} & .40 & \\\hline \begin{array} { l } \text { Over } 6 \text { months } \\\text { In advance }\end{array} & .13 & \\\hline\end{array}\end{array}
Domestic Flights
Make Reservations
Less than
1
week
in advance
1
week to
2
months
in advance
Over
2
months
in advance
Rel. Freq.
.25
.35
.40
RN Range
International Flights
Make Reservations
Less than
1
week
in advance
1 week to
2
months
in advance
2
months to
6
months
in advance
Over
6
months
In advance
Rel. Freq.
.12
.35
.40
.13
RNRange
Flight Type
Rel. Freq.
RN Range
Domestic
.
65
Interrational
.
35
\begin{array} { | l | c | l | } \hline { \text { Flight Type } } & \text { Rel. Freq. } & \text { RN Range } \\\hline \text { Domestic } & .65 & \\\hline \text { Interrational } & .35 & \\\hline\end{array}
Flight Type
Domestic
Interrational
Rel. Freq.
.65
.35
RN Range
a.Place the appropriate random number ranges in the tables above. b.Set up and perform a simulation for three customers.Determine whether they want a domestic or international flight, and how far in advance the reservation is being made.Use random numbers from this list: .632 .715 .998 .671 .744 .021
Question 47
Essay
The time required to set up lighting for a portrait studio is uniformly distributed between 12 and 20 minutes. Use the following random numbers to generate the setup time for 10 customers. .27 .53 .06 .92 .16 .74 .06 .29 .82 .23
Question 48
Essay
Greenfields is a mail order seed and plant business. The size of orders is uniformly distributed over the interval from $25 to $80. Use the following random numbers to generate the size of 10 orders. .41 .99 .07 .05 .38 .77 .19 .12 .58 .60