Question: Run Auto Loan Part 2.doe using Steady-State System Analysis To analyze the loan-processing model, we need to treat the process as a steady state system.

Run Auto Loan Part 2.doe using Steady-State System Analysis

To analyze the loan-processing model, we need to treat the process as a steady state system. The system does not start empty every morning. When the agents and clerks go home at the end of the day, they may leave in the middle of processing an application. However, upon arrival the next day, they will start up where they left off. To obtain the half width of the confidence interval on a system parameter, we need to make only one long run.

Based on your simulation steady-state system, discuss with you peers why the differences on the statistics between your simulation and theirs. Base your discussion on utilization, queue and parts served.

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