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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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    https://brainmass.com/statistics/probability/probaility-distrubution-simulation-196311

    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.

    $2.19

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