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12 Caico Problem 12-03 (Algorithmic) Porta Com manufactures notebook computers and related equipment. Portacom's product design group developed a prototype for a new high-quality portable printer. The new printer features an inovative design and has the potential to capture a significant share of the portable printer market. Preliminary marketing and financial analyses provided the following selling price, first-year administrative cost, and first year advertising cost: Selling price - $249 per un Administrative cost $400,000 Advertising Com = $600,000 In the simulation model for the Porta Com problem, the preceding values are constants and are referred to as parameters of the model The cost of direct labor, the cost of parts, and the first year demand for the printer are not known with certainty and are considered probabilistic inputs. At this stage of the planning process, PortaCom's best estimates of these inputs are $45 per unit for the direct labor cost, 590 per unit for the parts cost and 15500 units for the first year demand. The standard deviation of 4000 units describes the variability in the first year demand, Portacom would like an analysis of the first-year profit potential for the printers of Porta Com's tight cash flow situation management particularly concerned about the potential for a loss Following is the table of random number intervals for generating values of direct labor cost per unit Direct Labour Cost per Unit Interval of Random Numbers 0.0 but less than 0.1 $43 144 0.1 but less than 0.1 145 0.3 but less than 0.7 546 0.7 but less than 0.9 5:47 0.9 but less than Previous Next All work saved Submit Agent for Grading Assignment Score: 0.0% 12 Calculator The parts cost depends upon the general economy, the overall demand for parts, and the pricing policy of PortCom's parts suppliers. Portacom believes that the parts cost will range from $80 to $110 per unit. Costs per unit between $80 and $110 are equally likely a. Use the random numbers 0.3732, 0.8709, 0.0369, 0.42, and 0.944 to generate five simulated values for the PortaCom direct labor cost per unit required, round your answers to the nearest dollar Random Number Direct Labor Cost 0.3732 5 45 0.8709 $ 0.0369 5 0.42 S 45 0.944 41 t. Use the random numbers 0.6323, 0.3405, 0.2306, 0.5381 and 0.9063 te generate veted values for the Portacom parts cost of required, round your answers to the nearest cent Random Number Parts cost 0.6323 5 $ 0.3405 0.2306 IS $ 0.5381 0.900 c. the random numbers 0.7918, 0.1444, 0.5058, 0.7094 and 0.2319 and the table for the cumulative standard normal stribution in Appendix to generate five simulated values for the Portacom instyear demand. red, round your answers to the nearest unit Previous Next > Assignment Score: 0.0% All saved Suit Agent for Grade 0.42 $ 45 0.944 IS 47 b. Use the random numbers 0.6323, 0.3405, 0.2306, 0.5381, and 0.9063 to generate five simulated values for the PortaCom parts cost. If required, round your answers to the nearest cent. Random Number Parts cost 0.6323 $ 0.3405 0.2306 $ $ $ 0.5381 0.9063 IS c. Use the random numbers 0.7918, 0.1444, 0.5055, 0.7094, and 0.2319 and the table for the cumulative standard normal distribution in Appendix to generate live simulated values for the PortCom first yea demand. If required, round your answers to the nearest uit Random Number Demand 0.1444 0.5058 0.7044 0.2319 Previous All worked Save and Su Agent for Gras Assignment Score: 0.0% 12 Caico Problem 12-03 (Algorithmic) Porta Com manufactures notebook computers and related equipment. Portacom's product design group developed a prototype for a new high-quality portable printer. The new printer features an inovative design and has the potential to capture a significant share of the portable printer market. Preliminary marketing and financial analyses provided the following selling price, first-year administrative cost, and first year advertising cost: Selling price - $249 per un Administrative cost $400,000 Advertising Com = $600,000 In the simulation model for the Porta Com problem, the preceding values are constants and are referred to as parameters of the model The cost of direct labor, the cost of parts, and the first year demand for the printer are not known with certainty and are considered probabilistic inputs. At this stage of the planning process, PortaCom's best estimates of these inputs are $45 per unit for the direct labor cost, 590 per unit for the parts cost and 15500 units for the first year demand. The standard deviation of 4000 units describes the variability in the first year demand, Portacom would like an analysis of the first-year profit potential for the printers of Porta Com's tight cash flow situation management particularly concerned about the potential for a loss Following is the table of random number intervals for generating values of direct labor cost per unit Direct Labour Cost per Unit Interval of Random Numbers 0.0 but less than 0.1 $43 144 0.1 but less than 0.1 145 0.3 but less than 0.7 546 0.7 but less than 0.9 5:47 0.9 but less than Previous Next All work saved Submit Agent for Grading Assignment Score: 0.0% 12 Calculator The parts cost depends upon the general economy, the overall demand for parts, and the pricing policy of PortCom's parts suppliers. Portacom believes that the parts cost will range from $80 to $110 per unit. Costs per unit between $80 and $110 are equally likely a. Use the random numbers 0.3732, 0.8709, 0.0369, 0.42, and 0.944 to generate five simulated values for the PortaCom direct labor cost per unit required, round your answers to the nearest dollar Random Number Direct Labor Cost 0.3732 5 45 0.8709 $ 0.0369 5 0.42 S 45 0.944 41 t. Use the random numbers 0.6323, 0.3405, 0.2306, 0.5381 and 0.9063 te generate veted values for the Portacom parts cost of required, round your answers to the nearest cent Random Number Parts cost 0.6323 5 $ 0.3405 0.2306 IS $ 0.5381 0.900 c. the random numbers 0.7918, 0.1444, 0.5058, 0.7094 and 0.2319 and the table for the cumulative standard normal stribution in Appendix to generate five simulated values for the Portacom instyear demand. red, round your answers to the nearest unit Previous Next > Assignment Score: 0.0% All saved Suit Agent for Grade 0.42 $ 45 0.944 IS 47 b. Use the random numbers 0.6323, 0.3405, 0.2306, 0.5381, and 0.9063 to generate five simulated values for the PortaCom parts cost. If required, round your answers to the nearest cent. Random Number Parts cost 0.6323 $ 0.3405 0.2306 $ $ $ 0.5381 0.9063 IS c. Use the random numbers 0.7918, 0.1444, 0.5055, 0.7094, and 0.2319 and the table for the cumulative standard normal distribution in Appendix to generate live simulated values for the PortCom first yea demand. If required, round your answers to the nearest uit Random Number Demand 0.1444 0.5058 0.7044 0.2319 Previous All worked Save and Su Agent for Gras Assignment Score: 0.0%