A Warehouse Manager Needs to Simulate the Demand Placed on a Product

question 34

Essay

A warehouse manager needs to simulate the demand placed on a product that does not fit standard models.The concept being measured is "demand during lead time," where both lead time and daily demand are variable.The historical record for this product suggests the following probability distribution.Convert this distribution into random number intervals.

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Definitions:

Structure

The arrangement of and relations between the parts or elements of something complex, forming a coherent whole.

Mental Abilities

The capacity to perform cognitive tasks, understand complex ideas, learn from experience, reason, and solve problems.

Rigorously Scientific

Adhering strictly to empirical standards and methods in research or study to ensure validity, reliability, and accuracy.

Experimentation

The process of conducting tests and analyses under controlled conditions to explore hypotheses and observe outcomes in research.