Using the excel functions poisson and expondist

Assignment Help Operation Management
Reference no: EM131035556

1. For each distribution listed, provide an example from your work that may be modeled using that distribution.

a. Multinomial distribution

b. Poisson distribution.

c. Exponential distribution d. Normal distribution.

2. For the scenario that follows, solve by hand and then solve using the Excel functions POISSON and EXPONDIST. The time between arrival of patients to an urgent care center follows an exponential distribution with a mean of 30 minutes.

a. What is the probability that exactly six patients will arrive in the next 90 minutes?

b. What is the probability that at least two patients will arrive in the next 60 minutes?

c. What is the probability that no patients will arrive in the next 60 minutes?

3. Conduct Internet research to determine three feasible alternative packages you might employ for discrete-event simulation. Rate the packages based on documented ease of use, cost, and ability to simulate health care scenarios.

Reference no: EM131035556

Questions Cloud

Management needs to take to sustain company growth : What recommendations would you make to John Mackey regarding the actions that Whole Foods management needs to take to sustain the company growth and financial position?
Large investment to upgrade its technology : Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements won't have much effect on performance in the short run, they are expected to reduce future costs significantly.
Current articles and presentations-global marketing : Current Articles and Presentations: assignment this week is to present aminimum 1 page summary of a current/recent article on the topic of International Management, International Business or International Marketing from a newspaper, Wall Street Journ..
Do you think the draft should be re-instituted : What would you do if you were called to service through the draft? How would you feel if your child, sibling, spouse, or other loved one was forced to serve in the military against their will?
Using the excel functions poisson and expondist : For each distribution listed, provide an example from your work that may be modeled using that distribution. For the scenario that follows, solve by hand and then solve using the Excel functions POISSON and EXPONDIST. The time between arrival of pati..
Most health gained for the least cost : What would buy you the most health gained for the least cost?
Discuss whether you agree or disagree with position taken : Discuss whether you agree or disagree with the position taken by the company or individual. Use generally accepted accounting principles in defending your position.
Chemical engineer with a graduate degree : Marc Brown is a chemical engineer with a graduate degree from MIT. Mr. Brown is African American. He applied for a chemical engineering position with Kincaid Paper Company. Although he was qualified for the job, he was not offered the position. Mr. B..
Find the contact potential from the diagram : Draw an equilibrium band diagram for this junction, including numerical values for the Fermi level position relative to the intrinsic level on each side of the junction. Find the contact potential from the diagram and compare with the analytical e..

Reviews

Write a Review

Operation Management Questions & Answers

  Demand is normally distributed with a standard deviation

The manager of the Quick Stop convenience store (which never closes) sells 24 six packs of Fizzy soda each day. Order costs are $8.00 per order, and Fizzy soda costs $4.00 per six-pack. Holding costs are $1 per six pack. Orders arrive five days from ..

  Intended authority-express-sale agency authority

Bubba is a sales representative for Shrimp Boats R Us company, which is a prospective seller of shrimp boats for your project. Bubba has offered you a great end-of-the year deal that is substantially below the current prices for the desired boats. Ot..

  Marketing research is playing three critical roles

Marketing research is viewed as playing three critical roles for management. Discuss what these three critical roles are and secondly, provide (2) real life examples of how each has been used by a consumer goods company in the past year. (Sourcing / ..

  Illustrate what will new service probability be

Suppose production manager is told to reduce safety stock of this item by 100 units. If this is done, illustrate what will new service probability be. Solve this problem.

  Group are touching down on a remote island

You and your group are touching down on a remote island and will be there for 1 month. You and your group have only the clothes on your back. As you get out of the helicopter you are motioned over to the helicopter and told that Dental Floss is the o..

  What is a transportation problem

What is a transportation problem? Briefly discuss the decision variables, the objective function and constraint requirements in a transportation problem. Give a real world example of the transportation problem.

  Barney´s operates in the high-end customized suit business

Barney´s operates in the high-end customized suit business. The variable cost for producing one suit (including production cost, marketing cost, labor cost, etc.) is $65 per suit. Since Barney´s only maintains minimum showrooms, and does not own any ..

  Income is taxed at the corporate and shareholder levels

corporate income is taxed at the corporate and shareholder levels. Is there a way for Northwest Brands to avoid this double-income taxation?

  In what ways might they be compatible with organizational

In what ways might the divisionalized forms of most airlines lend themselves to the requirements of alliance membership? In what ways might they be compatible with the organizational needs of the alliances themselves?

  What funds will the business require during planning period

What business am I in? Should I be in it five years from now? What funds will the business require during the planning period? How much money should I invest in technology and new plant and equipment over the next decade?

  Business markets segmented by purchase categories

What factor is considered by marketers when the buying situation is important in business markets segmented by purchase categories?

  Discuss tools found can be positive or negative to planning

Identify two helpful techniques that were not presented in this chapter for each point mentioned above. Discuss whether the tools found can be a positive or negative to the planning. Be sure to explain and or defend your answer.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd