Operation Research Question QUESTION TWO a) Simulation techniques have been used to analyze problems of two distinct types: Practical real-life problems and theoretical problems related to basic sciences. Illustrate the statement giving examples of each type.
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Operation Research Question
QUESTION TWO
a) Simulation techniques have been used to analyze problems of two distinct types: Practical real-life problems and theoretical problems related to basic sciences. Illustrate the statement giving examples of each type.
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- Explain why Simulation is widely used technique in organzations ?Determine that simulation is a methodology commonly used.Problem3: Optimizing Manufacturing Production Line Scenario: You are a manufacturing manager responsible for a production line that assembles and packages electronic devices. The goal is to optimize the production process to increase throughput, reduce cycle times, minimize bottlenecks, and ensure efficient resource utilization. Explain the steps to build simulation model using Arena.
- Determine why simulation is such a common technique.Problem 7-09 (Algorithmic) Hawkins Manufacturing Company produces connecting rods for 4- and 6-cylinder automobile engines using the same production line. The cost required to set up the production line to produce the 4-cylinder connecting rods is $1,400, and the cost required to set up the production line for the 6-cylinder connecting rods is $3,100. Manufacturing costs are $15 for each 4-cylinder connecting rod and $18 for each 6-cylinder connecting rod. Hawkins makes a decision at the end of each week as to which product will be manufactured the following week. If a production changeover is necessary from one week to the next, the weekend is used to reconfigure the production line. Once the line has been set up, the weekly production capacities are 6,500 6-cylinder connecting rods and 8,200 4-cylinder connecting rods. Let X4 = the number of 4-cylinder connecting rods produced next week X6 = the number of 6-cylinder connecting rods produced next week S4= 1 if the production line is…A method of estimating future demand usedfor decision making in order to set reasonable targets and control orlimit uncertainties or risks.
- Previous Problem Problem List Next Problem (1 point) Using diaries for many weeks, a study on the lifestyles of visually impaired students was conducted. The students kept track of many lifestyle variables including how many hours of sleep obtained on a typical day. Researchers found that visually impaired students averaged 9.2 hours of sleep, with a standard deviation of 2.24 hours. Assume that the number of hours of sleep for these visually impaired students is normally distributed. (a) What is the probability that a visually impaired student gets less than 6.4 hours of sleep? answer: (b) What is the probability that a visually impaired student gets between 6.2 and 8.84 hours of sleep? answer: (c) Thirty percent of students get less than how many hours of sleep on a typical day? answer: hours Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining.Required: Calculate the arithmetic mean and the geometric mean over the three-yearperiod for the investments made.Scenario 3: Falsifying Attendance Jason, a Junior System Administrator with the Management Information Systems Department, clocked in 4 minutes and 27 seconds late for work this morning. While he won’t get fired for it, being late this once means that he will not receive the perfect attendance incentive which he needs to make ends meet, given his daughter’s recent series of hospitalizations. It’s not that Jason didn’t make an effort to be there on time. He actually arrived in the office five minutes early but was unable to clock in immediately because his direct superior, Raffy, asked him for an informal project progress report as soon as he walked in the door. As a Junior System Administrator, Jason has access and the capability to edit the company’s attendance records. He figures that since he was unable to punch in only because of his boss, it wouldn’t hurt to edit the timestamp on his attendance for today. What is the Business Ethics Principles that suit to this case study?…
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