6 NO WIR ERG Prxcessing Time (mins) Capacity Processing Rate (per hr Utilization 6 2 2 1 6 2 5 4 5 1 2 25 1 10 4 10,5 2 10 1 18 2 2. A large catalog merchandiser is planning to have a special furniture promotion a year from now. To do this, the company must place its orders for the furniture now. It plans to sign a contract with the manufacturer for 3000 chairs (S) at a cost of $175 per unit (C), which the company plans to offer initially for $250 per unit (R). The promotion will last for 8 weeks, after which all remaining units will be offered for sale at half of the initial price, or $125 per unit. The company believes that 2000 units (V) will be sold during the first eight weeks. a) Write the general equation of Profit (P) for this problem in terms of R. C, V and S, and then calculate the total Profit for numerical values given above. b) Using the distribution assumptions below, conduct a manual Monte Carlo Simulati for Profit (P), and have 5 replications in your simulation. Then, calculate the stand deviation Pne rates per hour for each server are found out seven in the table beet sing rate and utilization rates for each of the servers Clinic Stations Information per hr Desk Emergency Treatment Lob roy MEG 10 10 10 20 5 6 2 2 2 5 10,5 10 10 15 25 1 1 6 1 2 (per 5 5 Na rge catalog merchandiser is planning to have a special furniture promotion a yea now. To do this, the company must place its orders for the furniture now. It plans an a contract with the manufacturer for 3000 chairs (S) at a cost of $175 per unit which the company plans to offer initially for $250 per unit (R). The promotion East for 8 weeks, after which all remaining units will be offered for sale at half of Bitial price, or $125 per unit. The company believes that 2000 units (V) will be sold as the first eight weeks the general equation of Profit (P) for this problem in terms of R. C. V and Sand calculate the total Profit for numerical values given above. the distribution assumptions below, conduct a manual Monte Carlo Simulation ofit (P), and have 5 replications in your simulation. Then, calculate the standard alues from the following diagrams showing the distributions of demand and 6 NO WIR ERG Prxcessing Time (mins) Capacity Processing Rate (per hr Utilization 6 2 2 1 6 2 5 4 5 1 2 25 1 10 4 10,5 2 10 1 18 2 2. A large catalog merchandiser is planning to have a special furniture promotion a year from now. To do this, the company must place its orders for the furniture now. It plans to sign a contract with the manufacturer for 3000 chairs (S) at a cost of $175 per unit (C), which the company plans to offer initially for $250 per unit (R). The promotion will last for 8 weeks, after which all remaining units will be offered for sale at half of the initial price, or $125 per unit. The company believes that 2000 units (V) will be sold during the first eight weeks. a) Write the general equation of Profit (P) for this problem in terms of R. C, V and S, and then calculate the total Profit for numerical values given above. b) Using the distribution assumptions below, conduct a manual Monte Carlo Simulati for Profit (P), and have 5 replications in your simulation. Then, calculate the stand deviation Pne rates per hour for each server are found out seven in the table beet sing rate and utilization rates for each of the servers Clinic Stations Information per hr Desk Emergency Treatment Lob roy MEG 10 10 10 20 5 6 2 2 2 5 10,5 10 10 15 25 1 1 6 1 2 (per 5 5 Na rge catalog merchandiser is planning to have a special furniture promotion a yea now. To do this, the company must place its orders for the furniture now. It plans an a contract with the manufacturer for 3000 chairs (S) at a cost of $175 per unit which the company plans to offer initially for $250 per unit (R). The promotion East for 8 weeks, after which all remaining units will be offered for sale at half of Bitial price, or $125 per unit. The company believes that 2000 units (V) will be sold as the first eight weeks the general equation of Profit (P) for this problem in terms of R. C. V and Sand calculate the total Profit for numerical values given above. the distribution assumptions below, conduct a manual Monte Carlo Simulation ofit (P), and have 5 replications in your simulation. Then, calculate the standard alues from the following diagrams showing the distributions of demand and
