SIMULATION AND MODELING 1. Generate 20 random numbers and solve the following integrals by monte-carlo (i) (ii) 2. A piece of equipment contains four identical tubes and can function only if all the four are in working order. The lives of tubes has approximately uniform distribution from 1000 to 2000 hours. The current maintenance practice is to replace a tube when it fails. Equipments has to be shut down for 1 hr for replacing a tube‚ the cost of one tube is sh 100‚ while the shut down time
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TO: Hope Weiss FROM: Nap Paholio DUE DATE: December 11‚ 2015 SUBJECT: Simulation Project Introduction The objective of this lab is to simulate the motion of an untuned vehicle’s suspension driving down an uneven surface. In terms of pitch and bounce‚ the goal of the simulation is to optimize and tune the car’s suspension to ensure an ideal ride over a bumpy surface for the driver. Experimental Method The suspension of car works with two- degrees of freedom: the pitch and bounce. The combination
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5.1 Simulation 5.1.1 System description To conduct the experiment‚ as a data set we used different videos from outdoor places which comprise of both normal and abnormal motions. The experimental results of one of the videos have been presented in figure 5.1-5.8. The video consists of 100 frames where both normal and abnormal motion exists. Figure: 5.8.1 System block diagram 5.2 Results Figure: 5.9.1 Normal motion of the Truck Figure: 5.2.2 Abnormal motion of the Truck Figure: 5.2.3 Abnormal
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Aquine Simulation Paper Angelyn Jones Research and Evaluation I RES/341 AGBM0108G Mr. Terry Dunning February 03‚ 2009 As the Quality Control Manager of Aquine‚ a who makes quartz and mechanical watches‚ I am responsible for determining the cause of a decline in sales by September1st. Howard Grey‚ CEO of Aquine‚ is not pleased that the market shares are at their lowest percent and has alloted $20‚000 to for the collection of information. Howard has scheduled a meeting with Jean DeBua‚ Uma
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Introduction Capstone is a business simulation designed to teach strategy‚ competitive analysis‚ finance‚ cross-functional alignment‚ and the selection of tactics to build a successful and focused company. In each round‚ we have to meet the buying criteria for our customers in each segment. We have five different products: Traditional Segment‚ Low-End Segment‚ High-End Segment‚ Performance Segment‚ and Size Segment. Each round is a year in the company’s life and decisions are made in research and
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Calculus Cheat Sheet Derivatives Definition and Notation f ( x + h) - f ( x) . If y = f ( x ) then the derivative is defined to be f ¢ ( x ) = lim h ®0 h If y = f ( x ) then all of the following are equivalent notations for the derivative. df dy d f ¢ ( x ) = y¢ = = = ( f ( x ) ) = Df ( x ) dx dx dx If y = f ( x ) then‚ If y = f ( x ) all of the following are equivalent notations for derivative evaluated at x = a . df dy f ¢ ( a ) = y ¢ x =a = = = Df ( a ) dx x =a dx
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Statistics Cheat Sheet Proportion = Frequency x 100 = Percentage Total No | Z score (standardised value)-how many sds from the mean the value liesZ score = data value – mean Standard deviation | Metric Data = ExploreCategory = Frequencies | Bigger sample size will give a narrower confidence interval range (more specific) outliers affect the mean but not the median – this is why the median is preferred here.mean | | Reports -Only give confidence
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SIMULATION DEBRIEFING 1.Describe (a) the prioritization process and (b) the governance structure. The prioritization process involves the below steps‚ * Strategic goals and objectives * A clear articulation of the company’s overall strategy is created which includes the details of customer/market segments. * A distinctive advantage in products or services and the overall investment in R&D. a set of percentage of sales and the amount‚ which varies by industry and by
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develop a more contemporary outlook‚ introducing multiple state models‚ emerging cash flows and embedded options. Using spreadsheet-style software‚ the book presents large-scale‚ realistic examples. Over 150 exercises and solutions teach skills in simulation and projection through computational practice. Balancing rigour with intuition‚ and emphasizing applications‚ this textbook is ideal not only for university courses‚ but also for individuals preparing for professional actuarial examinations and
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Overview Our company Orange experienced a very successful campaign and grew more profitable over the six quarters throughtout the Market Simulation. In terms of market share in comparison to the competition‚ we placed fourth holding 12 percent market share. We initially targeted the Mercedes market‚ and later developed products aimed at the Traveler and Workhorse clientele. In terms of profitability‚ we suffered a loss moving from Quarter 1 to Quarter 2‚ which is typical of most early-stage companies
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