JET Copies Case Problem LaTonya Crutcher Dr. Emeka Dunu, MAT 540 6/3/13 In the JET Copies Case Problem the probability function of time between repairs is the one of the issues and the other is the loss of revenue if they do not purchase the new copier. We were asked to generate a random value for computation of times between breakdowns. Using these random numbers and the linear formula SQRT(R1)*6, which represents the slope and probability function for breakdown intervals, we were able
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Julia’s Food Booth MAT 540 February 22, 2014 Julia’s Food Booth Case Problem (A) Formulate and solve an LP model. Variables: X1 = pizza slices, X2 = hot dogs, and X3 = barbeque sandwiches Maximize Z = ($0.75 X1) + ($1.05 X2) + ($1.35 X3) Subject to: $0.75x1+ $0.45x2 + $0.90x3 ≤ $1,500 24x1 + 16x2 +25x3 ≤ 55.296in of oven space X1 ≥ x2 + x3 (change to –x1 + x2 + x3 ≤ 0 for constraint) X2/x3 ≥ 0 Solution: X1 = 1250 pizza slices X2 = 1250 hot dogs X3 = 0 barbeque sandwiches Z
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Steeley Associates Monica Beamish Quantitative Methods – MAT 540 Dr. Hesh Ansari May 3, 2013 Steeley Associates Inc., is a property development company. Steeley had purchased a house build in the mid-1800, and had been leasing it to the State University for academic office space. In 2008, the lease on the property expired and Steeley Associates, after consideration, decided to build high-density student apartments. This decision would optimize the full space site
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Stateline Shipping and Transport Company Carla Coleman Strayer University MAT 540: Quantitative Method Dr. Luke Howard March 20, 2014 2014 Case Study: Stateline Shipping and Transport Company In this case study, we are introduced to Rachel Sundusky, the manager of the South-Atlantic office of the Stateline Shipping and Transport Company. The information we are given is that Rachel is in the process of negotiating
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MAT 540 Assign 3 Nora Bennett Q5. Using the discrete distribution chart shown, I created an Excel chart featuring the Probability of each repair time in days and the cumulative probability of each, so I could use the =LOOKUP formula to create the time between breakdowns in Q2. This shows that if the random number falls: between 0 and 0.2 it will take 1 day to repair between 0.2 and 0.65 it will take 2 days to repair between 0.65 and 0.90 it will take 3 days to repair and between 0.90
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JET Copies Patrick Prophet Quantitative Methods – MAT 540 Dr. LaTasha Thompson 10/22/10 1. Write a brief description of how you implemented days-to-repair. When looking at the days it took to repair the copier, all that the JET Company had to go by was the average number of days that it took for the company to repair the copier if it broke down. The average was between 1 and 4 days to have the machine repaired. For this data, a probability distribution table was developed and programmed
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Quantitative Methods -MAT 540 JET Copies Case Problem Assignment #1 Days-to-repair Terri was able to gather data from the college which allowed them to develop a table for the probability distribution of the wait for repair services on JET’s copier. To model the probability of wait times in the JET Copies simulation, the JET partners generated a random number representing the probability of an occurrence of a breakdown. They then programmed a VLOOKUP function to match this breakdown probability
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Week 8 Assignment MAT 540 Name Instructor Name Date Problem Introduction The owner of Chips etc. produces 2 kinds of chips: Lime (L) and Vinegar (V). He has a limited amount of the 3 ingredients used to produce these chips available for his next production run: 4600 ounces of salt, 9400 ounces of flour, and 2200 ounces of herbs. A bag of Lime chips requires 1.5 ounces of salt, 5 ounces of flour, and 2 ounces of herbs to produce; while a bag of Vinegar chips requires 4 ounces of salt, 6 ounces
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Week 8 Assignment 1 Keila Stinson Strayer University MAT 540 Dr. Negash Begashaw March 2, 2015 In the case study regarding Julia’s food booth a solution needs to be determined as to if investing in a booth to sell food during Tech football games is a sound investment. Julia is considering leasing a booth to sell food outside of Tech stadium at home football games to generate revenue in order to finance her final year at the school. After all of her expenses are paid Julia wants to bring
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JET Copies Case Problem Venetia Carter Professor Donald Ray West Quantitative Methods MAT 540 January 18, 2011 1. The number of days needed to repair the copier when it is out of service , according to the discrete distribution shown : Repair time (days) | Probability | Contribution to average repair time | 1 | 0.20 | 0.20 | 2 | 0.45 | 0.90 | 3 | 0.25 | 0.75 | 4 | 0.10 | 0.40 | Total (average days) | 1.00 | 2.25 | 2. Number of weeks between breakdowns simplified
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