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on Part 1 of 2 Adventure Rafting runs rafts on the Colorado River. It has eight rafts in its inventory. The demand for rafts during
on Part 1 of 2 Adventure Rafting runs rafts on the Colorado River. It has eight rafts in its inventory. The demand for rafts during the busy months of June and July has been either 5, 6, 7, 8, or 9, with probabilities of 0.3, 0.2, 0.2, 0.1, or 0.2, respectively. Use the table of 2-digit random numbers given below to simulate the number of rafts the company will need for 10 consecutive days. Start at the top of column number 5 (random number=53) and move down in the table (second number=74) to locate the remaining numbers. Also use the relation given in the table below to associate the demand with random numbers. Click the icon to view the table of 2-digit random numbers. Create random number intervals for the demand for rafts (enter your responses as whole numbers). Demand 5 6 7 8 9 Random Number Interval 01- 0:00 -50 -00 H t..pd
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