A lumber company sells 8?foot 2x4's to construction companies in three states. They have historical sales demand (in thousands) for the past 26 weeks, as shown below:
They are interested in determining the average number of sales per category for the next five weeks using simulation. They generated the following random numbers for weeks 1?5 respectively: 63, 13, 67, 50, and 71.
a. Based on a scale of 0-99, what random number range should be allocated to sales category of 11-20?
b. What is the average sales corresponding to week 2?
c. What is the average sales over all five weeks?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q28: All of the following are simulation languages
Q29: Validation consists of all of the following
Q30: Differentiate between verification and validation. Discuss the
Q31: With regard to a simulation model for
Q32: All of the following are verification techniques
Q34: The table below shows the frequency
Q35: A busy municipal golf driving range
Q36: The Rose Warehouse buys roses each
Q37: Given the table below with information
Q38: A computer implementation free from logical errors
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents