I want somebody to solve question 2 and 3 only.
2- An elevator in a manufacturing plant carries exactly 400 kilograms of material. There are three kinds of material packaged in boxes that arrive for a ride on the elevator. These materials and their distributions of time between arrivals are as follows:
It takes the elevator 1 minute to go up to the second floor, 2 minutes to unload, and 1 minute to return to the first floor. The elevator does not leave the first floor unless it has a full load. Simulate 1 hour of operation of the system. What is the average transit time for a box of material A (time from its arrival until it is unloaded)? What is the average waiting time for a box of material B? How many boxes of material C made the trip in 1 hour?
3- Consider a single-product (s, S) inventory system, where the inventory level is checked at the beginning of every week. An order up to level S is placed if the inventory level I is less than s, while no order is placed if I is greater than or equal to s. Demand occurs with inter-demand time following a discrete uniform distribution with probabilities given by p(b) = 1/3 with b = 2, 3, 4 days. Demand size = 5, 6, 7, 8 with respective probability 1/6, 2/6, 2/6, 1/6. If the current policy parameters s, and S equals 10, 40 respectively and the delivery lag (lead time) is fixed at 3 days, calculate the total inventory cost of 4 weeks given the following cost information;
Ordering cost is $32+ $3 × Q, where Q is the order size. Holding cost is $0.1 per item per day.
Shortage cost is $1 per item per day
Note that at time 0, there is 40 items on hand.
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.Read more
The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.Read more
The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.Read more
By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.Read more