Help with Optimization and Decision Support Modeling for Business HW5

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HW5_Template_Ch12_Simulation.xlsx

Q4

Coin-Flipping Game
Required Difference Distribution of Coin Flips
Cash At End of Game Probability Cumulative Result
0 Heads
Summary of Game 0 Tails
Number of Flips 3
Winnings -$3
Number Number
Play of Flips Winnings Play of Flips Winnings
Random Total Total 3 -3 3 -3
Flip Number Result Heads Tails Stop? 1 1
1 0.8263 0 1 2 2
2 0.4913 0 2 3 3
3 0.5577 0 3 Stop 4 4
4 0.1297 0 4 NA 5 5
5 0.5035 0 5 NA 6 6
6 0.5790 0 6 NA 7 7
7 0.9666 0 7 NA 8 8
8 0.6200 0 8 NA 9 9
9 0.0040 0 9 NA 10 10
10 0.2254 0 10 NA 11 11
11 0.0792 0 11 NA 12 12
12 0.6726 0 12 NA 13 13
13 0.9517 0 13 NA 14 14
14 0.8154 0 14 NA 15
15 0.4160 0 15 NA Average: ERROR:#DIV/0! ERROR:#DIV/0! 16
16 0.0969 0 16 NA 17
17 0.9783 Tails 0 17 NA 18
18 0.1251 Tails 0 18 NA 19
19 0.7709 Tails 0 19 NA 20
20 0.5104 Tails 0 20 NA 21
21 0.3459 Tails 0 21 NA 22
22 0.5848 Tails 0 22 NA 23
23 0.8993 Tails 0 23 NA 24
24 0.8901 Tails 0 24 NA 25
25 0.9391 Tails 0 25 NA 26
26 0.6662 Tails 0 26 NA 27
27 0.2253 Tails 0 27 NA 28
28 0.7964 Tails 0 28 NA 29
29 0.6193 Tails 0 29 NA 30
30 0.7310 Tails 0 30 NA 31
31 0.6724 Tails 0 31 NA 32
32 0.1926 Tails 0 32 NA 33
33 0.3817 Tails 0 33 NA 34
34 0.8210 Tails 0 34 NA 35
35 0.2181 Tails 0 35 NA 36
36 0.3748 Tails 0 36 NA 37
37 0.4279 Tails 0 37 NA 38
38 0.5427 Tails 0 38 NA 39
39 0.2640 Tails 0 39 NA 40
40 0.4647 Tails 0 40 NA 41
41 0.4715 Tails 0 41 NA 42
42 0.3761 Tails 0 42 NA 43
43 0.8381 Tails 0 43 NA 44
44 0.1720 Tails 0 44 NA 45
45 0.0801 Tails 0 45 NA 46
46 0.7953 Tails 0 46 NA 47
47 0.1517 Tails 0 47 NA 48
48 0.6386 Tails 0 48 NA 49
49 0.2008 Tails 0 49 NA 50
50 0.0138 Tails 0 50 NA 51
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Task1: Fill out data cells. 999
Task2: Fill out "Result" column with VLOOKUP function based on "Distribution of Coin Flips" Table. 1000
Task3: Complete the 14-replication table using Data>What-if Analysis>Data Table.
Task4: Complete the 1000-replication table using Data>What-if Analysis>Data Table. Average: ERROR:#DIV/0! ERROR:#DIV/0!

Q5

Random Distribution of
Day Number Demand Demand
1 0.0567 Probability Cumulative Demand
2 0.8279 0 2
3 0.1305 0 3
4 0.3631 0 4
5 0.7582 0 5
6 0.5458 0 6
7 0.0873
8 0.7409
9 0.3781
10 0.5696
11 0.7496
12 0.1683
13 0.3678
14 0.9859
15 0.9683
16 0.8350
17 0.9107
18 0.9072
19 0.8869
20 0.6367
21 0.0208
22 0.0854
23 0.3695
24 0.6497
25 0.7002
26 0.3329
27 0.5481
28 0.3281
29 0.9523
30 0.8490
31 0.6360
32 0.8527
33 0.1283
34 0.3578
35 0.9468
36 0.2045
37 0.8946
38 0.3525
39 0.3209
40 0.4013
41 0.4631
42 0.4013
43 0.1777
44 0.6889
45 0.9867
46 0.1353
47 0.7893
48 0.5602
49 0.6307
50 0.8602
51 0.6433
52 0.0424
53 0.4768
54 0.7638
55 0.3839
56 0.9180
57 0.5920
58 0.2572
59 0.0875
60 0.1912
61 0.8300
62 0.5631
63 0.7710
64 0.4448
65 0.0022
66 0.3566
67 0.5459
68 0.1478
69 0.9160
70 0.8807
71 0.9495
72 0.9647
73 0.1701
74 0.3743
75 0.1403
76 0.9539
77 0.5063
78 0.1174
79 0.8205
80 0.5257
81 0.7463
82 0.5454
83 0.6624
84 0.8704
85 0.5661
86 0.4618
87 0.8111
88 0.0287
89 0.6281
90 0.9148
91 0.4629
92 0.0363
93 0.1940
94 0.9589
95 0.7902
96 0.8733
97 0.1047
98 0.3462
99 0.7554
100 0.6690
101 0.3137
102 0.9181
103 0.0406
104 0.9477
105 0.2170
106 0.8608
107 0.8999
108 0.4556
109 0.4109
110 0.6611
111 0.8835
112 0.3653
113 0.1018
114 0.4564
115 0.0226
116 0.9781
117 0.7944
118 0.4283
119 0.8131
120 0.6433
121 0.4912
122 0.6478
123 0.1045
124 0.7955
125 0.8354
126 0.4569
127 0.5494
128 0.9727
129 0.3526
130 0.3785
131 0.4944
132 0.6141
133 0.5078
134 0.1903
135 0.4340
136 0.9591
137 0.6004
138 0.4865
139 0.6969
140 0.8483
141 0.8910
142 0.0436
143 0.2065
144 0.1001
145 0.0203
146 0.0745
147 0.9965
148 0.3255
149 0.6356
150 0.2088
151 0.5412
152 0.6467
153 0.8798
154 0.3876
155 0.4292
156 0.6243
157 0.2841
158 0.0158
159 0.6138
160 0.4995
161 0.8277
162 0.0944
163 0.7072
164 0.8925
165 0.8151
166 0.1642
167 0.2353
168 0.7848
169 0.9036
170 0.6644
171 0.8850
172 0.3970
173 0.5415
174 0.5718
175 0.2723
176 0.8161
177 0.6147
178 0.7127
179 0.6245
180 0.1339
181 0.1465
182 0.7529
183 0.4247
184 0.0076
185 0.9880
186 0.7163
187 0.3989
188 0.7975
189 0.1366
190 0.2462
191 0.3960
192 0.6958
193 0.7874
194 0.1576
195 0.8516
196 0.2379
197 0.7836
198 0.7850
199 0.8001
200 0.0323
201 0.2988
202 0.2547
203 0.3496
204 0.3062
205 0.1587
206 0.8279
207 0.7484
208 0.9630
209 0.2209
210 0.2616
211 0.8973
212 0.4499
213 0.1115
214 0.1691
215 0.3639
216 0.2959
217 0.0402
218 0.8696
219 0.7889
220 0.1084
221 0.4150
222 0.2064
223 0.5169
224 0.0304
225 0.9041
226 0.5722
227 0.5723
228 0.0273
229 0.5501
230 0.4971
231 0.7393
232 0.5250
233 0.4092
234 0.2537
235 0.3938
236 0.6000
237 0.1429
238 0.7023
239 0.6021
240 0.4616
241 0.5748
242 0.6530
243 0.6631
244 0.8810
245 0.6359
246 0.6727
247 0.3438
248 0.0725
249 0.3107
250 0.9120
251 0.2412
252 0.7738
253 0.8854
254 0.8261
255 0.8392
256 0.1413
257 0.6331
258 0.6508
259 0.3514
260 0.2050
261 0.0986
262 0.8913
263 0.1381
264 0.9061
265 0.2160
266 0.1454
267 0.1057
268 0.6305
269 0.5561
270 0.2743
271 0.2104
272 0.4302
273 0.0775
274 0.3996
275 0.3911
276 0.6763
277 0.1159
278 0.2078
279 0.6960
280 0.0922
281 0.6776
282 0.0327
283 0.2811
284 0.0876
285 0.0647
286 0.5351
287 0.7541
288 0.6853
289 0.8389
290 0.7220
291 0.6557
292 0.6674
293 0.2284
294 0.6004
295 0.0649
296 0.8012
297 0.6038
298 0.7266
299 0.5414
300 0.0875
Average = ERROR:#DIV/0!
Task1: Fill out data cells.
Task2: Fill out "Demand" column with VLOOKUP function based on "Distribution of Demand" Table.