In Example 11.3, we commented on the 95th percentile on days required and the corresponding date to
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In Example 11.3, we commented on the 95th percentile on days required and the corresponding date to start production. If the company begins production on this date, then it is 95% sure to complete the order by the due date. We found this date to be August 2. Do you always get this answer? Find out by (1) running the simulation 10 more times, each with 1000 iterations, and finding the 95th percentile and corresponding date in each, and (2) running the simulation once more, but with 10,000 iterations. Comment on the difference between simulations (1) and (2) in terms of accuracy. Given these results, when would you recommend that production should begin?
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