Solutions to HW1 IE5107 Material Flow Systems

1.
50 50
1 − 0.950 − � � 0.1 × 0.949 − � � 0.12 × 0.948 = 0.89
1 2

2.
a.
47.5 − 50
𝑃𝑃(𝑋𝑋 ≥ 47.5) = 𝑃𝑃 �𝑍𝑍 ≥ �
4
= 𝑃𝑃(𝑍𝑍 ≥ −0.625)
= 𝑃𝑃(𝑍𝑍 ≤ 0.625)
0.7324 + 0.7357
= = 0.734
2

b. Combined Mean and SD = 150 and √42 + 92 = 9.85

154.5 − 150
𝑃𝑃 (𝑋𝑋 ≥ 154.5) = 𝑃𝑃 �𝑍𝑍 ≥ �
9.85
= 𝑃𝑃(𝑍𝑍 ≥ 0.457)
= 1 − 𝑃𝑃(𝑍𝑍 ≤ 0.457)
0.6736 (0.46 − 0.457) + 0.6772 (0.457 − 0.45)
= 1−� � = 0.324
0.46 − 0.45

3.
a. 21
(52−21) +(63−21) +(47−21) +(54−21) +(32−21)
b. Mean = 5
= 28.6
28.629
𝑃𝑃 (Demand = 50) = 𝑃𝑃(𝑋𝑋 − 21 = 29) = 𝑒𝑒 −28.6 29!
= 0.074

4.
1
a. Percentage change = �1 − �1.2� × 100% = 8.71% decrease

2×1200×50
b. 𝑄𝑄 ∗ = � 5
= 154.9

1200 154
If order 154, 𝑇𝑇𝑇𝑇 = 1200 × 10 + 154
× 50 + 2
× 5 = $12,774.61
1200 155
If order 155, 𝑇𝑇𝑇𝑇 = 1200 × 10 + 155
× 50 + 2
× 5 = $12,774.60

Order 155 units.