For the small factory of Example 9.25, suppose that the system operates 24 hours a day for...

For the small factory of Example 9.25, suppose that the system operates 24 hours a day for 5 days and then is completely cleaned out. Thus, we have a terminating simulation of length 120 hours. Make five independent replications and construct a point estimate and 95 percent confidence interval for the mean weekly throughput. Approximately how many replications would be required to obtain an absolute error of 50? A relative error of 5 percent?

Example 9.25

FIGURE 9.9 Small factory consisting of a machining center and an inspection station.