A manager wishes to simulate 10 days of operation of an inventory system. The beginning inventory at the start of the first day is 68 units. Demand is known to be uniformly distributed in the range 4 to 8 units per day, inclusive. The random numbers used for the 10-day simulation are 0.25, 0.61, 0.09, 0.62, 0.72, 0.59, 0.33, 0.51, 0.17, 0.29. Assuming no new units are delivered during the 10-day simulation. The inventory at the end of the 5th day is: (Round your answer to 2 decimal places)
A manager wishes to simulate 10 days of operation of an inventory system. The beginning inventory at the start of the first day is 68 units. Demand is known to be uniformly distributed in the range 4 to 8 units per day, inclusive. The random numbers used for the 10-day simulation are 0.25, 0.61, 0.09, 0.62, 0.72, 0.59, 0.33, 0.51, 0.17, 0.29. Assuming no new units are delivered during the 10-day simulation. The inventory at the end of the 5th day is: (Round your answer to 2 decimal places)
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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