Using the excel functions poisson and expondist

Assignment Help Operation Management
Reference no: EM131035556

1. For each distribution listed, provide an example from your work that may be modeled using that distribution.

a. Multinomial distribution

b. Poisson distribution.

c. Exponential distribution d. Normal distribution.

2. For the scenario that follows, solve by hand and then solve using the Excel functions POISSON and EXPONDIST. The time between arrival of patients to an urgent care center follows an exponential distribution with a mean of 30 minutes.

a. What is the probability that exactly six patients will arrive in the next 90 minutes?

b. What is the probability that at least two patients will arrive in the next 60 minutes?

c. What is the probability that no patients will arrive in the next 60 minutes?

3. Conduct Internet research to determine three feasible alternative packages you might employ for discrete-event simulation. Rate the packages based on documented ease of use, cost, and ability to simulate health care scenarios.

Reference no: EM131035556

Questions Cloud

Management needs to take to sustain company growth : What recommendations would you make to John Mackey regarding the actions that Whole Foods management needs to take to sustain the company growth and financial position?
Large investment to upgrade its technology : Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements won't have much effect on performance in the short run, they are expected to reduce future costs significantly.
Current articles and presentations-global marketing : Current Articles and Presentations: assignment this week is to present aminimum 1 page summary of a current/recent article on the topic of International Management, International Business or International Marketing from a newspaper, Wall Street Journ..
Do you think the draft should be re-instituted : What would you do if you were called to service through the draft? How would you feel if your child, sibling, spouse, or other loved one was forced to serve in the military against their will?
Using the excel functions poisson and expondist : For each distribution listed, provide an example from your work that may be modeled using that distribution. For the scenario that follows, solve by hand and then solve using the Excel functions POISSON and EXPONDIST. The time between arrival of pati..
Most health gained for the least cost : What would buy you the most health gained for the least cost?
Discuss whether you agree or disagree with position taken : Discuss whether you agree or disagree with the position taken by the company or individual. Use generally accepted accounting principles in defending your position.
Chemical engineer with a graduate degree : Marc Brown is a chemical engineer with a graduate degree from MIT. Mr. Brown is African American. He applied for a chemical engineering position with Kincaid Paper Company. Although he was qualified for the job, he was not offered the position. Mr. B..
Find the contact potential from the diagram : Draw an equilibrium band diagram for this junction, including numerical values for the Fermi level position relative to the intrinsic level on each side of the junction. Find the contact potential from the diagram and compare with the analytical e..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd