Answers

KJ

Answered

Create a distribution of random numbers that would result in average demand per period for a Monte Carlo simulation that is equivalent to the expected demand per period using the data given by the chart below.
 Demand  Probability  Cumulative  Probability  Interval of Random  Numbers 0.1.152.43.154.2\begin{array} { | c | c | c | c | } \hline \text { Demand } & \text { Probability } & \begin{array} { c } \text { Cumulative } \\\text { Probability }\end{array} & \begin{array} { c } \text { Interval of Random } \\\text { Numbers }\end{array} \\\hline 0 &. & & \\\hline 1 & .15 & & \\\hline 2 & .4 & & \\\hline 3 & .15 & & \\\hline 4 & .2 & & \\\hline\end{array} Demand 01234 Probability ..15.4.15.2 Cumulative  Probability  Interval of Random  Numbers 

On Jul 26, 2024


 Demand  Probability  Cumulative  Probability  Interval of Random  Numbers 0.1.101−101.15.2511−252.4.6526−653.15.866−804.2181−00\begin{array} { | c | c | c | c | } \hline \text { Demand } & \text { Probability } & \begin{array} { c } \text { Cumulative } \\\text { Probability }\end{array} & \begin{array} { c } \text { Interval of Random } \\\text { Numbers }\end{array} \\\hline 0 & .1 & .1 & 01 - 10 \\\hline 1 & .15 & .25 & 11 - 25 \\\hline 2 & .4 & .65 & 26 - 65 \\\hline 3 & .15 & .8 & 66 - 80 \\\hline 4 & .2 & 1 & 81 - 00 \\\hline\end{array} Demand 01234 Probability .1.15.4.15.2 Cumulative  Probability .1.25.65.81 Interval of Random  Numbers 01101125266566808100 This problem will most likely confuse many students, however its aim is to test their true understanding and ability to work both ways. The smallest common denominator for the probabilities is .05 so 20 separate random numbers must be generated for the simple solution where each possible demand has probability/.05 random numbers representing it within the set. For example, one set would be
(0, 0, 11, 11, 11, 26, 26, 26, 26, 26, 26, 26, 26, 66, 66, 66, 81, 81, 81, 81)
Students may also create sets that draw unevenly from various demand rows, such as drawing only from 0 and 4. The expected demand is 2.4, so students would solve a relation of the form X ∗ 0 + Y ∗ 4/(X + Y) = 2.4 thus X = 2Y/3 so when Y = 3 then X = 2. Therefore another possible set of random numbers would be (00, 00, 00, 01, 01)
KJ

Answered

Ming's boss Benjamin enjoys empowering his followers.Benjamin's empowerment skill was best exemplified when he ______.

A) gave Ming a raise for meeting aggressive project deadlines
B) supported Ming in her proposal to work from home after her baby was born
C) encouraged Ming and her team to volunteer for a local charity
D) helped Ming understand a complex problem her team was facing

On Jul 22, 2024


B
KJ

Answered

What is emancipation?

A) Termination of a case of fraud and misrepresentation.
B) Termination of a bargain that is considered void.
C) Termination of parental rights to control a child.
D) Termination of necessaries in a quasi-contractual case.

On Jun 23, 2024


C
KJ

Answered

Goal specificity should strengthen expectancy and instrumentality connections.

On Jun 20, 2024


True
KJ

Answered

Which is a basic physiological need according to Maslow's hierarchy of needs?

A) need for food
B) need for friends
C) need to express yourself
D) need for employment

On May 24, 2024


A
KJ

Answered

A improvement in production technology will shift the

A) supply curve to the right.
B) supply curve to the left.
C) demand curve to the right.
D) demand curve to the left.

On May 21, 2024


A