MGOC20H3 Lecture Notes - Lecture 11: Cumulative Distribution Function, Coin Flipping, Makespan

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25 Sep 2017
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Simulation is most common method for constructing models that include random behaviour of a large number and wide variety of components and assess the temporal dynamics of manufacturing systems and service operations. Use simulation: can simulate a system or a sub-system. Example simulation of a coin flipping game. 1 each play of game involves flipping coin until the difference between the number of heads tossed and the number of tails is 3. 2 you have to pay for each flip, cannot quit until game ends. 3 you receive at the end of each play of the game. Hhh = 3 flips = you win . Thttt = 5 flips = you win . Thhththtttt = 11 flips = you lose . 1: need a method for randomly generating the events of flipping a head or a tail. After 14 plays, get a sample average of 7. 14 flips / play.

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