Two difficulties that might be described using simulation models

eBook Problem 15-27 (Algorithmic) Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at the company's office can be described by a Poisson probability distribution with an arrival rate of four jobs per 8-hour day. The time required to complete the jobs follows a normal probability distribution, with a mean time of 1.4 hours and a standard deviation of 1 hour. Answer the following questions, assuming that Gubser uses one welder to complete all jobs: a. What is the mean arrival rate in jobs per hour? If required, round your answer to two decimal places. per hour b. What is the mean service rate in jobs per hour? If required, round your answer to four decimal places. per hour c. What is the average number of jobs waiting for service? If required, round your answer to three decimal places.

What are two challenges that simulation models might represent well?

What are various types of information for decision making does simulation typically provide?

Read the scenario and then, using the table (if you prefer) , tell us the pros and cons for each of the options (A,B,&C) from both the customer and salesperson's perspective while considering the circumstances.   Pros - Customer & Salesperson Perspective  Cons - Customer & Salesperson Perspective  option A Customer: Salesperson: Customer: Salesperson: Option B Customer: Salesperson: Customer: Salesperson: Option C Customer: Salesperson: Customer: Salesperson:

Max-Fly Aviation Ltd is an aerospace company that makes commercial drones. They are currently developing a formalized risk management process, and they are now in the process of identifying risks to consider? Which of the following risks would NOT be relevant? Risks that will affect their workforce Risks that will affect their competitors Risks that will affect their customers Risks that will affect their operations

Please include an excel sheet showing calculations