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-Calculate expected net profit per unit of time.
-Do sensitivity analysis.
-What would happen if 1 unit defective means machine can only generate x% of the output it can generate when both units work, when units are only replaced if both units are defective?
Follow the structure of the thesis of Demir that I sent. Use formula's when explaining the model.
Sensitivity Analysis Of A Simulation Model
Length: 8 pages (2200 Words)
Java Script Model Code
Extra units available: <input type='text' id='extraUnits' value='1000'>
Best case Repair Time (ms): <input type='text' id='repairTimeLB' value='1'>
Worst case Repair Time (ms): <input type='text' id='repairTimeUB' value='10'>
Unit production time: (ms) <input type='text' id='unitProductionTime' value='2000'>
Best case Repair Cost ($): <input type='text' id='repairCostLB' value='1'>
Worst case Repair Cost ($): <input type='text' id='repairCostUB' value='10'>
Unit selling price : <input type='text' id='pricePerUnit' value='5'>