Jet Copies

In: Business and Management

Submitted By kels1atl
Words 407
Pages 2
The simulation of the jet copier is to help determine if a purchase of second copier is necessary now. In making the best decision, we need to create the best case scenario of potential future events relating to what could happen if the copier was out of commission. Some of what we do know is that the least to the most about of days the copier could be down. This plays a very important part, as we need to determine how much it would cost to not be able to supply the service of copying to the customers. Also, it is equally important to understand that in case of the copier being down, how long it would take to repair and the cost, in lost revenue that would respond to that. In this simulation we used the following information, to help determine the probability of days to repair. Probability (y) | Repair Time(days) | 0.2 | 1 | 0.45 | 2 | 0.25 | 3 | 0.1 | 4 |

Secondly, we determined the average amount of time between breakdowns, in order to get this number we had to do a few things, first we had to determine the x value, for this formula ( 6*sqrt of r). The r in this equation was determined by using excel and generating random numbers samples. When substituting this number in for r, we found what we considered to be the time between breakdowns. Using this number to determine time between breakdowns helped up to generate the potential number of days that it took to repair the copier. After, getting all that information, we then used our final formula to help determine how many copies were lost due to the number of breakdowns. The formula used we needed to determine (z= 6r+2). Again, the r was represented by another set of random numbers determined by excel. To answer the question, of should a second copier be purchased for the Jet copier company, I would say no not at this time. Currently, we found that the lost was only about $ 10,000; the Jet…...

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