Question

A warehouse manager at Mary Beth Marrs Corp. needs to simulate die demand placed on a product that does not fit standard models. The concept being measured is “demand during lead time,” where both lead time and daily demand are variable. The historical record for this product, along with the cumulative distribution, appears in the table. Random numbers have been generated to simulate the next 5 order cycles; they are 91, 45, 37, 65, and 51. What are the five demand values? What is theiraverage?


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  • CreatedJuly 23, 2013
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