(a and b) 3.48, EV = 3.65, the results differ because not enough simulations were done in part a; (c) approximately 21 calls; no; repeat simulations to get enough observations
3.
(a and b) 2.95
sun visors
7.
(a) $256
(a) average time between arrivals 4.3 days, average waiting time 6.25 days, average number of tankers waiting = 1.16; (b) system has not reached steady state
total yardage 155 yd.; the sportswriter will predict Tech will win
[ Tribune Daily News ] = [.50 .50]; too few iterations to approach a steady state
15.
expansion is probably warranted
17.
two of five trials (depended on random number stream)
19.
system inadequate
21.
avg. Salem dates = 2.92
23.
P (capacity > demand) = .75
25.
avg. maintenance cost = $3,594.73; P (cost $3,000) = .435
avg. rating = 2.91; P ( x 3.0) = .531
(a) P (1,2) = .974, P (1,3) = .959, P (1,4) = .981, P (2,3) = .911, P (2,4) = .980, P (3,4) = .653; (b) (1,4) and (2,4).