Calculate the final output using the Centroid method for the following strength values Provide step by step calculations Time Taken   Min - Range 0 30 60 Avg - Range 30 60 90 Max - Range 60 90 120 Water Level Min - Range 0 5 10 Avg - Range 5 10 15 Max - Range 10 15 20

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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Calculate the final output using the Centroid method for the following strength values

Provide step by step calculations

Time Taken

 

  1. Min - Range 0 30 60
  2. Avg - Range 30 60 90
  3. Max - Range 60 90 120

Water Level

  1. Min - Range 0 5 10
  2. Avg - Range 5 10 15
  3. Max - Range 10 15 20
Strength Calculations
Min
0.20
Low
0.20
Time
Water
Avg
0.41
Med
0.41
Taken
level
Маx
0.64
High
0.64
Transcribed Image Text:Strength Calculations Min 0.20 Low 0.20 Time Water Avg 0.41 Med 0.41 Taken level Маx 0.64 High 0.64
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