simulate the next six orders
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A small supplier receives orders from three different companies for a certain price of electrical equipment. Forty-five percent of the orders come from Firm A, 35 percent from Firm B and the remainder from Firm C. Order sizes vary, depending on the firm involved. In the past orders were as follows:
REL FREQ
Order Size A B C
4 0.15 0.05 0.25
8 0.3 0.25 0.35
12 0.4 0.35 0.25
16 0.13 0.25 0.12
20 0.02 0.1 0.03
Using two digit numbers from rows 5 and 6 of the table on sheet two of the booklet simulate the next six orders:
Spreadsheet #2 are the random numbers.
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Solution Summary
The solution simulate the next six orders for statistical analysis.
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