A local cab company maintains a fleet of 10 cabs. Each time a cab breaks down, it isrepaired the same day. Assume that breakdowns of individual cabs occur completely atrandom at a rate of two per year.d. What is the probability that there are more than five breakdowns between Thanksgiving Day (November 28) and New Year’s Day (January 1)?e. For what reason might your answer in part (d) be too low?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section: Chapter Questions
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A local cab company maintains a fleet of 10 cabs. Each time a cab breaks down, it is
repaired the same day. Assume that breakdowns of individual cabs occur completely at
random at a rate of two per year.
d. What is the probability that there are more than five breakdowns between Thanksgiving Day (November 28) and New Year’s Day (January 1)?
e. For what reason might your answer in part (d) be too low?

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