The time between arrivals of oil tankers at a loading dock at Prudhoe Bay is given by the following probability distribution: Time Between Ship Arrivals (days) Probability 1 .05 2 .10 3 .20 4 .30 5 .20 6 .10 7 .05 1.00 The time required to fill a tanker with oil and prepare it for sea is given by the following probability distribution: Time to Fill and Prepare (days) Probability 3 .10 4 .20 5 .40 6 .30 1.00 a. Simulate the movement of tankers to and from the single loading dock for the first 20 arrivals. Compute the average time between arrivals, average waiting time to load, and average number of tankers waiting to be loaded. b. Discuss any hesitation you might have about using your results for decision making.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Topic Video
Question

The time between arrivals of oil tankers at a loading dock at Prudhoe Bay is given by the following
probability distribution:
Time Between Ship Arrivals (days) Probability
1 .05
2 .10
3 .20
4 .30
5 .20
6 .10
7 .05
1.00
The time required to fill a tanker with oil and prepare it for sea is given by the following
probability distribution:
Time to Fill and Prepare (days) Probability
3 .10
4 .20
5 .40
6 .30
1.00
a. Simulate the movement of tankers to and from the single loading dock for the first 20 arrivals.
Compute the average time between arrivals, average waiting time to load, and average
number of tankers waiting to be loaded.
b. Discuss any hesitation you might have about using your results for decision making.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Knowledge Booster
Discrete Probability Distributions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON