Question: please help asap! Question typo: Monte Carlo Simulation Phantom Controls monitors and repairs control circuit boves on elevators installed in multistory buildings in downtown Chicago.
Question typo: Monte Carlo Simulation Phantom Controls monitors and repairs control circuit boves on elevators installed in multistory buildings in downtown Chicago. The company has the contract for 108 bualdings, When a box malfunctions, Phantom installs a new one and rebulids the failed unit in its repair fadity in Gary, Indiana. The dat a for failed boves over the last 2 years is shown in the following table: Simulate 2 years (24 months) of operation for Phantom and determine the average number of falled boxes per month from the simulation. (solve using only the random numbers given)
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