Question: Phantom Controls monitors and repairs control circuit boxes on elevators installed in multistory buildings in downtown Chicago. The company has the contract for 108 buildings.

Phantom Controls monitors and repairs control

Phantom Controls monitors and repairs control circuit boxes on elevators installed in multistory buildings in downtown Chicago. The company has the contract for 108 buildings. When a box malfunctions, Phantom installs a new one and rebuilds the failed unit in its repair facility in Gary, Indiana. The date for failed boxes over the last 2 years is shown in the following table: Probability Number of Failed Boxes per Month 0 0.10 1 0.14 2 0.26 3 0.20 0.18 4 5 0.12 Simulate 2 years (24 months) of operation for Phantom and determine the average number of failed boxes per month from the simulation. Was it common to have fewer than 7 failures over 3 months of operation? (Start your simulation at the top of the 10th column of Table F.4 on page 795, RN = 37, and go down in the table.)

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