The company is celebrating the 300th national day of Norway and wants to include monetary prizes inside the potato chips bags sold at the oldest branch of a famous Norwegian supermarket. The bags will have a unique new design that celebrates the occasion. Any bag sold, regardless of whether it contain a prize or not, is immediately replaced with another one on the shelf so that the number of potato chips bags on display is always the same. The chips aisle is maintained so that at any time, 3 bags have a prize inside them. Each of those bags will have a check with a prize money of 10,000 euros inside it. What is the number of bags the company should make available on display for sale at a time to ensure that 40% of the time, the first bag with the prize is at least the 5000th bag sold?
The company is celebrating the 300th national day of Norway and wants to include monetary prizes inside the potato chips bags sold at the oldest branch of a famous Norwegian supermarket. The bags will have a unique new design that celebrates the occasion. Any bag sold, regardless of whether it contain a prize or not, is immediately replaced with another one on the shelf so that the number of potato chips bags on display is always the same. The chips aisle is maintained so that at any time, 3 bags have a prize inside them. Each of those bags will have a check with a prize money of 10,000 euros inside it. What is the number of bags the company should make available on display for sale at a time to ensure that 40% of the time, the first bag with the prize is at least the 5000th bag sold?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:You are expected to solve this assignment using MS EXCEL. A MS Word file is to be
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solving this assignment on MS EXCEL
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Fizzy & Crispy Co.
The beverage and snacks company "Fizzy & Crispy(" is one of the largest juices,
drinks, and snacks producers in Norway. Their products are famous over all Europe.
They are mainly known for their soft drinks and salty chips. Their oldest factory is
now due for renewal because of quality control issues. Your team has been hired to
help in the overhaul by assessing the conditions in the factory, and to work also as a
consultant for their operations of that same factory. The team faced a difficult
challenge and asked you, the Industrial Engineer, to help them out with it.
The Challenge:
The company is celebrating the 300th national day of Norway and wants to include
monetary prizes inside the potato chips bags sold at the oldest branch of a famous
Norwegian supermarket. The bags will have a unique new design that celebrates the
occasion. Any bag sold, regardless of whether it contain a prize or not, is immediately
replaced with another one on the shelf so that the number of potato chips bags on
display is always the same. The chips aisle is maintained so that at any time, 3 bags
have a prize inside them. Each of those bags will have a check with a prize money of
10,000 euros inside it. What is the number of bags the company should make
available on display for sale at a time to ensure that 40% of the time, the first bag
with the prize is at least the 5000th bag sold?
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