Description A machine shop produces many parts but their biggest seller is the Deluxe Jig. Marketing only accepts orders in multiples of 50. Past demand data is: Order Amount Number of Orders 50 33 100 46 150 84 200 74 250 32 The Deluxe Jig goes through a four step process with the following yields: Cutting µ = 96.6% ? = 1.00% Grinding µ = 93.4% ? = 2.50% Lathe µ = 98.9% ? = 3.00% Polish µ = 98.4% ? = 1.00% Note: The yield cannot exceed 100% The production lot size is 15% more than the order size Design a simulation to determine what percent of the orders satisfy the order amount (10 points) Provide data analysis to verify that you tested the model validity (5 points)
Description A machine shop produces many parts but their biggest seller is the Deluxe Jig
Academic integrity note
Use this educational resource to build your understanding. Follow your institution’s rules and cite sources appropriately.

