JET Copies Case Problem page 1 Assignment #1: JET Copies Case Problem By: Jenna Kiragis Quantitative Methods 540 7/29/2012 JET Copies Case Problem page 2 Case Problem JET Copies is a copy business opened by James, Ernie, and Terri, three students who wanted to make it more convenient for other students in their apartment complex to get copies in a timely manner. After obtaining
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JET Copies Case Problem Assignment #1 MAT540, Strayer University Assignment#1: JET Copies Case Problem According to the discrete distrubution, the number of days (y) needed to repair the copier is as follows (where “R2” is a random value in the excel sheet between and 0 and 1): 0 < R2 < .2, then it takes 1 day .2 < R2 < .65, then it takes 2 days .65 < R2 < .9, then it takes 3 days .9 < R2 < 1, then it takes 4 days James estimated that the time between break-downs
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ENTIRE COURSE LATEST STRAYER MAT 540 WK 1 Homework Chapter 1,11 MAT 540 WK 1 Quiz 1 Chapter 1,11 MAT 540 WK 2 Homework Chapter 12 MAT 540 WK 2 Quiz 2 Chapter 11,12 MAT 540 WK 3 Assignment 1 – JET Copies Case Problem MAT 540 WK 3 Homework Chapter 14 MAT 540 WK 4 Assignment 2 – Internet Field Trip MAT 540 WK 4 Homework Chapter 15 MAT 540 WK 5 Midterm Exam MAT 540 WK 6 Homework Chapter 2 MAT 540 WK 6 Quiz 3 Chapter 2 MAT 540 WK 7 Assignment 3 Case Problem – Julia’s Food Booth MAT 540 WK 7 Homework
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Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Instructors, training on how to grade is within the Instructor Center. Click the link above to submit your assignment. Assignment #1: JET Copies Case Problem Read the "JET Copies" Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year, as follows: 1. In Excel, use a suitable method for generating the number of days needed
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Assignment #1: JET Copies Case Problem Strayer University MAT540: Quantitative Methods October 29, 2013 JET Copies is a company designed to alleviate a longer commute and longer wait time, and possibly have a more cost efficient method for the college students to make copies. The three students James, Ernie, and Terri decided to go into business together with a copying business initiative. Considering what was ahead of the new business, for example, possible machine downtime and days to repair
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Introduction to Management Science. Upper Saddle River: Prentice Hall. Assignment Week 3 Samuel Leonard Blake Introduction to Management Science MAT 540 Dr. Simona Barb April 28, 2013 (III Taylor, 2011) Assignment Week 3 Brief Description JET Copies was created to solve a problem of resource scarcity, James, Ernie, and Terri all students were having challenges trying to get their copies. They were traveling to another building outside of theirs and several students
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Assignment #1: JET Copies Case Problem Read the “JET Copies” Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year, as follows: 1. In Excel, use a suitable method for generating the number of days needed to repair the copier, when it is out of service, according to the discrete distribution shown. 2. In Excel, use a suitable method for simulating the interval between successive breakdowns, according to the continuous
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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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FINANCIAL MANAGEMENT (BA 385T) FALL 2011 PROF. CLEMENS SIALM Case 1: Airbus A3XX Due: August 31, 2011 On August 31st we will discuss the HBS case “Airbus A3XX: Developing the World’s Largest Commercial Jet (A)” (9-201-028, Revised April 26, 2004). The case is available in the course packet or from the website of the Harvard Business School Press. To prepare for the class discussion, you need to submit a written analysis. The assignment is done in your study groups and part of the class contribution
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MATH 540: Quantitative Methods JET Copies Case Problem Assignment: 1 Strayer University Winter Quarter 2012 Days to repair method is based on discrete probability distribution that assigns a probability to the number of days provided and thus assumes results in clearly separated values. The model makes use of the discrete distribution to calculate the central tendency and this may also be referred to as weighted average. The model
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