Question: The data for four replications of a technical-support call center simulation model regarding the average total time in the system are as follows: 3.35, 3.64,

The data for four replications of a technical-support call center simulation model regarding the average total time in the system are as follows: 3.35, 3.64, 3.61, 3.43 minutes. Determine the minimum number of simulation replications that need to be used so that the half dth of the confidence interval of the average total time in the system is equal to 0.015 minutes. Use a=0.05. Please note that the value that needs to be calculated here corresponds ONLY to the first value of the Iterative approach used to determine the exact number of replications.

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