Jets Copies

Quantitative Methods -MAT 540

JET Copies Case Problem

Assignment #1

Days-to-repair

Terri was able to gather data from the college which allowed them to develop a table for the probability distribution of the wait for repair services on JET's copier. To model the probability of wait times in the JET Copies simulation, the JET partners generated a random number representing the probability of an occurrence of a breakdown. They then programmed a VLOOKUP function to match this breakdown probability to the corresponding "Repair Time in Days" column of the table. The result is the simulated time to get repair service for each breakdown occurrence.

Interval between breakdowns

The James, Ernie, and Terri purchased a copier just like the one used at their college office. When Ernie...