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Question: A large construction company has recently won the contract for routine inspection and maintenance of the Channel Tunnel linking the UK to France. Obviously, routine maintenance and repair work, unless carefully planned, will have adverse consequences on traffic flows through the tunnel and on operating revenue. You have been asked to investigate alternative policies that might be appropriate for stock control in terms of the building and construction materials that will be required to support these routine maintenance and repair operations. Effectively you have been asked to investigate appropriate policies for such items as cement, steel girders, rail track, electrical wiring and the like.
Draft a management report discussing in detail the alternative stock-control approaches that might be appropriate under such circumstances and recommend the type of policy that you think should be investigated in more detail with regard to feasibility. Your report should include a discussion of the data that would be required, the practical difficulties of implementing and operating stock-control policies and the potential contributions of the MRP and JIT approaches to stock control.
MATH1550H: Assignment: Question: A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..
MATH1550H: Assignment: Question: what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?
MATH1550H: Assignment: Question: Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form
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MATH1550H: Assignment: Questions: Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.
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