Conduct a complete analysis of a simulation experiment

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Reference no: EM131072597

Conduct a complete analysis of a simulation experiment regarding a single workstation with one machine based on the data that follow. The mean time between arrivals is 10 minutes and the operation time is 8 minutes. The simulation was run for 168 hours. Management wishes to achieve a production quota of 1000 items per 168 hours.

a. Provide evidence for the verification and validation of the simulation based only on the data in the following table and the problem statement.

b. Compare the two scenarios using first the average number in the buffer and then the maximum as described below. Use only the data that follows and items i-iv.

i. Compute appropriate statistical summaries (average, standard deviation, minimum, maximum, range, and confidence intervals) and state any evidence found from this information.

ii. Compute and display appropriate histograms and state any evidence seen in them.

iii. In how many replicates is the new case better than the current operations? What evidence does this information provide?

iv. Perform the appropriate statistical analysis to compare the scenarios.

Reference no: EM131072597

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