Consider the following manual simulation of machine breakdowns and repair

Breakdowns Time between breakdowns,
x (weeks) Repair time,
y (days) Cost
($2,000 y)
1 4 1 $2000
2 5.7 2 $4000
3 5.5 2 $4000
4 2.5 1 $2000
5 5.2 2 $4000
6 5.8 2 $4000
7 1.6 1 $2000
8 2.3 2 $4000
9 1.2 2 $4000
10 3.3 2 $4000

What operating characteristics can be obtained from this simulation?


Answer: Average time between breakdowns, average repair time, average cost. Depending on the length of the simulation run (quarterly, annual), total breakdowns and costs per time period could also be determined.

Business

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