Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal distribution with a mean of 17 gallons per week and a standard deviation of 3.2 gallons per week. The new manager desires a service level of 90 percent. Lead time is two days, and the dairy is open seven days a week. (Hint: Work in terms of weeks.)
a-1. If an ROP model is used, what ROP would be consistent with the desired service level? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
ROP ______ gallons
a-2. How many days of supply are on hand at the ROP, assuming average demand? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Days _______
b-1. If a fixed-interval model is used instead of an ROP model, what order size would be needed for the 90 percent service level with an order interval of 7 days and a supply of 8 gallons on hand at the order time? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)
Order size _______ gallons
b-2. What is the probability of experiencing a stockout before this order arrives? (Do not round intermediate calculations. Round your final answer to the nearest whole percent. Omit the "%" sign in your response.)
Probability _________ %
c. Suppose the manager is using the ROP model described in part a. One day after placing an order with the supplier, the manager receives a call from the supplier that the order will be delayed because of problems at the supplier’s plant. The supplier promises to have the order there in two days. After hanging up, the manager checks the supply of walnut fudge ice cream and finds that 2 gallons have been sold since the order was placed. Assuming the supplier’s promise is valid, what is the probability that the dairy will run out of this flavor before the shipment arrives? (Do not round intermediate calculations. Round your final answer to the nearest whole percent. Omit the "%" sign in your response.)
Risk probability _________ %
In: Advanced Math
In: Advanced Math
U(C1, C2, C3, C4, C5) = C1∙C2∙C3∙C4∙C5
As a mathematical function, does U have a maximum or minimum value? What values of Ci correspond to the minimum value of U? What values of Ci correspond to the maximum value of U? Do these values of Ci make sense from an economic standpoint?
Now let us connect the idea of economic utility to actual dollar values. To keep the values more manageable, we will use household income rather than the entire state budget, and retail costs and measures rather than industrial ones. Find the Median Household Income for Mesa, AZ for the most recent year possible. Then find the dollar cost in Mesa, AZ for a Penny, a pound of Ground Beef, a pair of Jeans, fresh Orange Juice, and a Movie Ticket. (Entertainment is often used as a stand-in for Climate.) A Cost-of- Living Index is a good place to find much of this data. Record these prices as P1, P2, P3, P4, and P5 respectively.
Construct an equation using Median Income, the Ci and Pi values that illustrates how much of each resource the Median Household can afford to purchase. Given this restriction, do the maximum or minimum values of U change? Do the values of Ci that give the maximum or minimum values change? What are these new values? How should the Median Household budget its Income so as to maximize its Economic Utility?
Write up your findings in a paper that you could turn in to an employer. Be sure to show all your work. Include any appropriate references as well as any computational devices used.
* Solve the questions, make the table, and the graph.
In: Advanced Math
Students will be asked to formulate, define, and interpret mathematical modeling (particularly ordinary differential equation) which involves real engineering applications and related to their majoring (E.g. Newton’s law cooling/warming, mixture problem, radioactive decay, spring-mass system, series circuit, deflection of the beam, etc.).. The selected model should be solved analytically using any methods that have been learnt in the mathematic lecture. just give me an example with related topic and how to solve it using math
In: Advanced Math
Show that the quotient ring Q[x]/(x2 − 3) is isomorphic to a subfield of the real numbers R.
In: Advanced Math
Consider the given matrix.
−1 | 2 | |
−5 | 1 |
Find the eigenvalues. (Enter your answers as a comma-separated
list.)
λ = 3i,−3i
(I got these right)
Find the eigenvectors of the matrix. (Enter your answers in order
of the corresponding eigenvalues, from smallest to largest by real
part, then by imaginary part.)
K1 = | K2 = | |||||||
I can't seem to get the eigenvectors right.
In: Advanced Math
Given the differential equation dy/dx =x. With intitial condition y(1)=0.5. Use eulers method with dx = 0.1 , to approximate the value of y when x=1.8
In: Advanced Math
In: Advanced Math
In: Advanced Math
Find the general solution of the given system.
|
= | 6x + y | ||
|
= | −2x + 4y |
[x(t), y(t)]= _____________, _______________
(6c1+8c2)10sin(6t)+(6c2+8c1)10cos(6t),
c1cos(6t)+c2sin(6t)
^above is the answer I got, which is incorrect.
In: Advanced Math
In: Advanced Math
State the dual of the Theorem below.
Let a non-degenerate plane conic touch the sides BC, CA, and AB of a triangle ABC in R2 at the points P, Q, and R respectively. Then AP, BQ, and CR are concurrent.
In: Advanced Math
Using Runge-Kutta method of order 4 to approximate y(1) with step size h = 0.1 and h = 0.2 respectively (keep 8 decimals):
dy/dx = x + arctan y, y(0) = 0.
Solutions: when h = 0.1, y(1) = 0.70398191. when h = 0.2, y(1) = 0.70394257.
In: Advanced Math
In: Advanced Math
True or False? Why?
Σ n = 1, ∞ fn(x) converges uniformly on A <=> for all n in N (natural numbers), there exists Mn > 0 such that |fn(x)| <= Mn for all x in A and Σ n = 1, ∞ Mn converges.
In: Advanced Math