Introduction to Algorithms
3rd Edition
ISBN: 9780262033848
Author: Thomas H. Cormen, Ronald L. Rivest, Charles E. Leiserson, Clifford Stein
Publisher: MIT Press
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Chapter 7.3, Problem 1E
Program Plan Intro
To explain the reason of analyzing the expected running time of a randomized
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Suppose you buy an electronic device that you operate continuously. The device costs you $300 and carries a one-year warranty. The warranty states that if the device fails during its first year of use, you get a new device for no cost, and this new device carries exactly the same warranty. However, if it fails after the first year of use, the warranty is of no value. You plan to use this device for the next six years. Therefore, any time the device fails outside its warranty period, you will pay $300 for another device of the same kind. (We assume the price does not increase during the six-year period.) The time until failure for a device is gamma distributed with parameters α = 2 and β = 0.5. (This implies a mean of one year.) Use @RISK to simulate the six-year period. Include as outputs (1) your total cost, (2) the number of failures during the warranty period, and (3) the number of devices you own during the six-year period. Your expected total cost to the nearest $100 is _________,…
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Patriot Ships is a new cruise line company which has a fleet of 10 cruise ships, each with a capacity of 300 passengers. To manage its operations efficiently, the company is looking for a program that can help track its fleet, manage bookings, and calculate revenue for each cruise.
Each cruise is tracked by a Cruise Identifier (must be 5 characters long), cruise route (e.g. Miami to Nassau), and ticket price. The program should also track how many tickets have been sold for each cruise.
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Introduction to Algorithms
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