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Monte Carlo Simulation for list of Values
Hello all,
I am monitoring the performance of a machine. For each month listed below, it broke down after running for the respective hours: Month Hours Jan-07 39 Feb-07 13 Mar-07 21 Apr-07 20 May-07 21 Jun-07 23 Jul-07 35 Aug-07 39 Sep-07 1 Oct-07 8 Nov 07 ? For the month of November, using a Monte Carlo simulation (or similar) in Excel, I want to predetermine the number hours that the machine will run before it is next due for maintenance. Thanx. -- KCG |
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