MSMG5100 Applications of Statistics

13 Pages

CA5056 Aviation Psychology And Human Factors

Task Learning Outcomes 1. Evaluate the diverse nature of areas for human factors application within commercial aviation 2. Assess the importance of human factors awareness both in initial and ong ...

Course

CA5056

Type

Assignment

Subject

Operations

University

London Metropolitan University

4 Pages

MBSA2253 Negotiation and Strategic Decision Making

Course

MBSA2253

Type

Home Work

Subject

Operations

University

Open University Malaysia

12 Pages

INEN 4370 Operations Research

Problem 1 – Define these terms: Markov Chain Jackson Network Queuing G/G/1 Queue M/M/1 Queue Exponential Arrivals Problem 2 – Customers arrive at a rate of 5 per hour ...

Course

INEN 4370

Type

Home Work

Subject

Operations

University

Lamar University

MSMG-5100 Applications of Statistics

Question

Answered

Question 1: Suppose you are a production manager of a firm that manufactures tires for cars. Customers are primarily interested in the expected lifetime of your tires, measured in kilometres driven before replacement is necessary. You understand that the lifetime of a tire is a random variable that depends on the the driving habits of the user, road conditions, and other factors. Explain in detail how you would go about determining the average lifetime of the tires you manufacture.
Question 2: You are the Materials Manager at a local hospital. Your job is to ensure that the hospital has a sufficient supply of protective masks for medical staff who are involved in the examination and testing of suspected COVID-19 cases. Each suspected case (i.e., patient) is examined and tested by a single nurse. With each new patient, the nurse must wear a new mask. On April 1, you expect the number of suspected cases to follow a Poisson distribution with a mean of 20. Each day thereafter, the expected (i.e., mean) number of suspected cases is forecast to increase by 10%. Explain in detail how you would decide how many masks to order for the entire month of April (assuming that masks are available).
Question 3: You are the production manager for a firm that manufactures eyeglass frames. From day to day, the size of your capital stock (i.e., factory and machines) remains constant, but the number of employees who work on the assembly line and the quality of output varies somewhat. Explain in detail what you would do to develop an estimate of how your firm’s total costs vary with the level of output.

MSMG-5100 Applications of Statistics

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