Consider a device that requires two batteries to function.If either of these batteries dies,the device will not work.Currently there are two brand new batteries in the device,and there are three extra brand-new batteries.Each battery,once it is placed in the device,lasts a random amount of time that is triangularly distributed with parameters 15,18,and 25 (all expressed in hours).When any of the batteries in the device dies,it is immediately replaced by an extra (if an extra is still available).Use @RISK to simulate the time the device can last with the batteries currently available.
Correct Answer:
Verified
Q40: In a manufacturing model,we might simulate the
Q41: Estimate the mean and standard deviation of
Q42: After a year,what will the market share
Q43: Estimate the mean and standard deviation of
Q44: In investment models,a useful approach for generating
Q46: Suppose we compare the difference between the
Q47: The amount of variability of a financial
Q48: If the warranty period were reduced to
Q49: Assume Q50: Consider a customer whose first car is
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