A specific rate in an industrial process is dependent on many factors and varies according to the following distribution. Weeks P(x) 37 42 46 51 65 O 42.5 O 43.33 0.25 O 44.88 0.30 If this following sequence represents a simulation of 6 random numbers trials, r (0 <= r; <= 1), what is the average time for this process? O 46.33 0.15 r₁ = 0.76; r₂ = 0.47; r3 = 0.31; r4 = 0.12; r5 = 0.67; and r6 = 0.01. 0.10 0.20 O None of the above
A specific rate in an industrial process is dependent on many factors and varies according to the following distribution. Weeks P(x) 37 42 46 51 65 O 42.5 O 43.33 0.25 O 44.88 0.30 If this following sequence represents a simulation of 6 random numbers trials, r (0 <= r; <= 1), what is the average time for this process? O 46.33 0.15 r₁ = 0.76; r₂ = 0.47; r3 = 0.31; r4 = 0.12; r5 = 0.67; and r6 = 0.01. 0.10 0.20 O None of the above
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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