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Simulation

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2. Every time a machine breaks down at the Savannah Manufacturing Co. either 1, 2, or 3 hours is required to fix it, according to the following probability distribution:

Repair Time (Hours) Probability
1 .30
2 .50
3 .20
1.00

a. Simulate the machine breakdowns repair time for 20 weeks.
b. Compute the average repair time per week.
c. If it cost $50 per hour to repair a machine when it breaks, determine the average weekly breakdown cost.

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Solution Summary

Excel file contains simulation of the machine breakdowns repair time for 20 week calculation of average repair time per week and average weekly breakdown cost.

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