JET Copies Case Assignment

Name

Probability of Weekly Demand

P(x)
0.20
0.45
0.25
0.10

Cumulative
0
0.20
0.65
0.90

Average Repair Time =

Repair Time,
y (days)
1
2
3
4

1.86

Breakdowns
1
2
3
4
5
6
7
8
9
10
11
12
13
14

RN
0.03
0.27
0.77
0.81
0.39
0.84
0.38
0.09
0.27
0.58
0.17
0.12
0.18
0.54

Repair Time
(days)
1
2
3
3
2
3
2
1
2
2
1
1
1
2

JET Copies Case Assignment

Name

Probability of Weekly Demand

P(x)
0.20
0.45
0.25
0.10

Cumulative
0
0.20
0.65
0.90

Average Time Between

Breakdowns=

Repair Time, y
(days)
1
2
3
4

3.47

Note: To calculate Time Between Breakdowns, use this formula x = 6*sqrt(RN)

Breakdowns
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

RN1
0.13
0.09
0.28
0.34
0.85
0.10
0.77
0.43
0.14
0.32
0.05
0.66
0.75
0.17
0.77

Time Between
Breakdown, x
(weeks)
2.19
1.81
3.18
3.47
5.54
1.93
5.28
3.95
2.21
3.39
1.28
4.87
5.18
2.49
5.25

Cumulative x
2.19
4.00
7.18
10.66
16.20
18.13
23.42
27.37
29.58
32.97
34.24
39.12
44.30
46.79
52.04

JET Copies Case Assignment

Name

Michael A. Moore, Jr.

Probability of Weekly Demand

P(x)
0.20
0.45
0.25
0.10

Cumulative
0
0.20
0.65
0.90

Total Revenue Lost =

Repair Time,
y (days)
1
2
3
4

$ 16,743.70

Note: RN3 = RANDBETWEEN (2000, 8000)

Breakdowns
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

RN1
(2 decimal
places)
0.13
0.09
0.28
0.34
0.85
0.10
0.77
0.43
0.14
0.32
0.05
0.66
0.75
0.17
0.77

Time Between
Breakdown, x
(weeks)
2.19
1.81
3.18
3.47
5.54
1.93
5.28
3.95
2.21
3.39
1.28
4.87
5.18
2.49
5.25

Cumulative x
2.19
4.00
7.18
10.66
16.20
18.13
23.42
27.37
29.58
32.97
34.24
39.12
44.30
46.79
52.04

RN2
(2 decimal
places)
0.39
0.86
0.62
0.73
0.28
0.98
0.41
0.57
0.05
0.80
0.51
0.66
0.60
0.85
0.03

Repair Time
(days)
2
3
2
3
2
4
2
2
1
3
2
3
2
3
1

RN3 (Rand
between
2000 and
3212
2792
7328
6471
2832
3157
5118
5092
7495
3716
5484
7672
3118
6021
2930

Revenue Lost
$
642.40
$
837.60
$
1,465.60
$
1,941.30
$
566.40
$
1,262.80
$
1,023.60
$
1,018.40
$
749.50
$
1,114.80
$
1,096.80
$
2,301.60
$
623.60
$
1,806.30
$
293.00