Jet Copies Case Study 1. In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution shown. 2. In Excel‚ use a suitable method for simulating the interval between successive breakdowns‚ according to the continuous distribution shown. 3. In Excel‚ use a suitable method for simulating the lost revenue for each day the copier is out of service. 4. Put all of this together to simulate the lost revenue
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JET Copier Case Analysis In the case study for Jet copies three students are contemplating the benefits of opening a copy business in their town. They are also trying to decide whether or not it would be a good investment to purchase a second copier‚ in case their main copy machine breaks down. The students have already purchased an $18000 copier to start their copy business. They are trying to determine if they should get a loan to purchase a smaller $8000 copier as back-up. The students estimated
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Read the "JET Copies" Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year‚ as follows: In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution shown. In Excel‚ use a suitable method for simulating the interval between successive breakdowns‚ according to the continuous distribution shown. In Excel‚ use a
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JET Copies Problem The simulation of Jet Copies can be done by generating random numbers from given probability distributions. The different steps of this simulation and assumption made are explained below. 1. Simulation for the repair time. It is given that the repair time follows Repair Time (days) Probability 1. .20 2. .45 3. .25 4. .10 -----
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Diffusion bonding. The manufacture process starts with 3 sheets of forged titanium. A material called stop-off is printed onto 2 of the sheets which will stop them from joining together in the diffusion bonding process. The 3 sheets are then sandwiched together‚ and placed in a Furnace where the diffusion bonding takes place. A Flat sheet is produced and all layers are joined except in areas where stop-off has been applied. Thereafter‚ the Flat sheet is shaped at high temperatures‚ in a super plastic
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JET Task 2 A1. Budgetary Items Of Concern Within the budget for Competition Bikes‚ Inc.‚ there are a few different items of concern. Some items that raise a concern within the budget are the projected number of unit sales and the amounts budgeted for advertising and research and development. I think it is obvious in the previous years that the amount the company spends on advertising has a direct effect on the number of sales. According to the projected number of units that are expected to
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An Airline for the People Management Accounting 02/27/2013 An Airline for the People JetBlue Airlines has a short but overall successful history in air travel. According to the “Customer Protection” page of their website (2012)‚ their goal is‚ and always has been‚ “bringing humanity back to air travel.” JetBlue values its strong company culture‚ as described on their “Work Here” website page (n.d.)‚ and its communication structure encourages upward and downward communication‚ which lessens
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Strategy Chandler (1990) defines strategy as “the determination of the basic long term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources necessary for carrying out these goals”. Chandler therefore refers to a strategy as determining where you are now‚ where you want to be and what resources you need. However Porter (1996) states that “strategy is the process of creating a unique and valuable position with means of another set of activities”
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OBJECTIVES The objectives of the experiment are: 1. To demonstrate pump performance when connected in series and parallel 2. To show shut off point of pump in series and parallel ABSTRACT / INTRODUCTION Pump is a general term for any fluid machine; used to transfer and add energy to fluid in a system‚ either at the same level or to a new height. There are some fundamental parameters used to determine the performance of a pump. The mass flow rate of fluid is the obvious primary pump performance
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west side story the sharks and the jets are marginalized for different reasons. The police officer dislikes both groups because of who they are. The battle between the two groups leads to the death of 3 people. The jets are marginalized because they are poor . This results in them acting the way they do‚ as in fighting over their “turf.” When the Puerto Ricans come to America they are a threat to the jets‚ they fear for losing their turf. During the dance the jets and sharks set a place and time so
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