Jet Copies Case Study 1. In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution shown. 2. In Excel‚ use a suitable method for simulating the interval between successive breakdowns‚ according to the continuous distribution shown. 3. In Excel‚ use a suitable method for simulating the lost revenue for each day the copier is out of service. 4. Put all of this together to simulate the lost revenue
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Chemistry Behind Jet Lag Desynchronosis‚ commonly known as Jet Lag‚ is a physiological condition‚ which is believed to be the result of interruption of the "light/dark" cycle that entrains the body’s circadian rhythms. Circadian rhythms are approximate daily periodicity‚ a roughly-24-hour cycle in the biochemical‚ and physiological processes of living beings. These disturbances results from shift work‚ daylight saving time and change of time zone when traveling. For instance‚ when a person from
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Questions for the London Jets Case Download the file LondonJets.xls‚ available on the course website. I. Perform RFM Analysis: (recency‚ frequency‚ monetary (total sales) analysis) as indicated on page 3 of the case; steps for RFM are given on page 8 of the case (I have provided one approach on page 3 of this document). Use pivot table with Frequency and Monetary value for rows and Recency for column. Data field should be Count of CustID. Important Note -- The format for this table is shown
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JET Copier Case Analysis In the case study for Jet copies three students are contemplating the benefits of opening a copy business in their town. They are also trying to decide whether or not it would be a good investment to purchase a second copier‚ in case their main copy machine breaks down. The students have already purchased an $18000 copier to start their copy business. They are trying to determine if they should get a loan to purchase a smaller $8000 copier as back-up. The students estimated
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Strategy Chandler (1990) defines strategy as “the determination of the basic long term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources necessary for carrying out these goals”. Chandler therefore refers to a strategy as determining where you are now‚ where you want to be and what resources you need. However Porter (1996) states that “strategy is the process of creating a unique and valuable position with means of another set of activities”
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JET Task 2 A1. Budgetary Items Of Concern Within the budget for Competition Bikes‚ Inc.‚ there are a few different items of concern. Some items that raise a concern within the budget are the projected number of unit sales and the amounts budgeted for advertising and research and development. I think it is obvious in the previous years that the amount the company spends on advertising has a direct effect on the number of sales. According to the projected number of units that are expected to
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In the 1920’s blue’s classic Ain’t no tellin’‚ blues artist Mississippi John Hurt displays his situation detailing what maybe perhaps his life on the road as a blues artist travelling and performing at different venues throughout a few parts of the country. In attempts to decipher the lyrics‚ I imagined myself in the 1920’s going through rough times perhaps even being slaved but then gaining an opportunity to travel on the road and perform. Personally because I would feel ever so wanderlust and
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destinations. They had 8446 employees in 2012 and revenues of 3‚854 billion pounds and a net income of 255 billion which are both in the rise from the previous year (EasyJet 2012). Their slogans include "Where can we take you?"‚ "Come on‚ let ’s fly!"‚ "The web ’s favourite airline" and "Europe by EasyJet". The macro environment of the European low fare airline industry is influenced by the liberalisation efforts of the European Union aimed at improving competition‚ brought in via a number of the pan-European
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JET Copies Problem The simulation of Jet Copies can be done by generating random numbers from given probability distributions. The different steps of this simulation and assumption made are explained below. 1. Simulation for the repair time. It is given that the repair time follows Repair Time (days) Probability 1. .20 2. .45 3. .25 4. .10 -----
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Exp. (6): Flow Over Weirs Purpose: * To demonstrate the characteristics of flow over weirs. * To determine the ’Coefficient of Discharge’ for each type of weir. Introduction: In open channel hydraulics‚ weirs are commonly used to either regulate or to measure the volumetric flow rate. They are of particular use in large scale situations such as irrigation schemes‚ canals and rivers. For small scale applications‚ weirs are often referred to as notches and invariably are sharp edged
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