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Love-Drive-line (LDL) is a new Transportation Company owned established to facilitate the transportation within the different countries of the GCC. As starting stage for this project, a plan for transportation line includes four of the GCC countries: Bahrain, Kuwait, Saudi Arabia and Qatar was established. They have one trip per day and only if there are 6 customers or more. After six months the manager of the company has met with the shareholders to investigate the situation of their company. As a result of their investigation the following information has been provided: 1. Information on each trip, expenses and fees Destination 1 From ВАН Fee'trip (BD) to SUD 10 2 ВАН KWT 15 KWT ВАН 12 4 KWT SUD 20 5 SUD ВАН 12 6 SUD KWT 25 2. Information on the number and capacity of the cars and buss available in the company: Vehicle/ type Fuel trip/Day in BD Maintenance/day In BD Capacity (Person) Mini Bus Car Van 6 60 70 4 40 40 20 50 60 3. Information on the daily trip that has been conducted in the previous six months: 1 | 2 2 1 1 1 6. 4 6. 3 3 3 3 3 2 5 6 6. 3 5 5 5 6 2 1 3 2 2 2 3 3 2 2 1 2 3 3 4 4 5 6. 6. 2 1 • The monthly customers are normally distributed with a mean on 200 customers and a Standard Deviation of 30.89. • Use the given information and develop a risk analysis model for the monthly profit of the company (30 Trials). • Do you think that this is a profitable project? • Which trip is the most frequently run by the company? Which is the costliest trip based on your model? o How many times the company will cancel their trips?

Love-Drive-line (LDL) is a new Transportation Company owned established to facilitate the transportation within the different countries of the GCC. As starting stage for this project, a plan for transportation line includes four of the GCC countries: Bahrain, Kuwait, Saudi Arabia and Qatar was established. They have one trip per day and only if there are 6 customers or more. After six months the manager of the company has met with the shareholders to investigate the situation of their company. As a result of their investigation the following information has been provided: 1. Information on each trip, expenses and fees Destination 1 From ВАН Fee'trip (BD) to SUD 10 2 ВАН KWT 15 KWT ВАН 12 4 KWT SUD 20 5 SUD ВАН 12 6 SUD KWT 25 2. Information on the number and capacity of the cars and buss available in the company: Vehicle/ type Fuel trip/Day in BD Maintenance/day In BD Capacity (Person) Mini Bus Car Van 6 60 70 4 40 40 20 50 60 3. Information on the daily trip that has been conducted in the previous six months: 1 | 2 2 1 1 1 6. 4 6. 3 3 3 3 3 2 5 6 6. 3 5 5 5 6 2 1 3 2 2 2 3 3 2 2 1 2 3 3 4 4 5 6. 6. 2 1 • The monthly customers are normally distributed with a mean on 200 customers and a Standard Deviation of 30.89. • Use the given information and develop a risk analysis model for the monthly profit of the company (30 Trials). • Do you think that this is a profitable project? • Which trip is the most frequently run by the company? Which is the costliest trip based on your model? o How many times the company will cancel their trips?

Database System Concepts
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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Love-Drive-line (LDL) is a new Transportation Company owned established to facilitate the transportation within the different countries of the GCC. As starting stage for this project, a plan for transportation line includes four of the GCC countries: Bahrain, Kuwait, Saudi Arabia and Qatar was established. They have one trip per day and only if there are 6 customers or more. After six months the manager of the company has met with the shareholders to investigate the situation of their company. As a result of their investigation the following information has been provided: 1. Information on each trip, expenses and fees Destination From ВАН Fee/trip (BD) to 1 SUD 10 ВАН KWT 15 3 KWT ВАН 12 4 KWT SUD 20 5 SUD ВАН 12 SUD KWT 25 2. Information on the number and capacity of the cars and buss available in the company: Vehicle/ type Capacity (Person) Fuel/trip/Day in BD 60 Maintenance/day In BD Mini Bus 70 Car Van 4 40 40 20 50 60 3. Information on the daily trip that has been conducted in the previous six months: 1 2 2 1 1 4 3 3 3 3 3 2 5 6. 3 5 5 5 1 5 6 2 2 2 3 3 2 2 2 1 3 3 4 4 5 6 6 2 1 • The monthly customers are normally distributed with a mean on 200 customers and a Standard Deviation of 30.89. • Use the given information and develop a risk analysis model for the monthly profit of the company (30 Trials). Do you think that this is a profitable project? • Which trip is the most frequently run by the company? • Which is the costliest trip based on your model? • How many times the company will cancel their trips? 16632
Transcribed Image Text:Love-Drive-line (LDL) is a new Transportation Company owned established to facilitate the transportation within the different countries of the GCC. As starting stage for this project, a plan for transportation line includes four of the GCC countries: Bahrain, Kuwait, Saudi Arabia and Qatar was established. They have one trip per day and only if there are 6 customers or more. After six months the manager of the company has met with the shareholders to investigate the situation of their company. As a result of their investigation the following information has been provided: 1. Information on each trip, expenses and fees Destination From ВАН Fee/trip (BD) to 1 SUD 10 ВАН KWT 15 3 KWT ВАН 12 4 KWT SUD 20 5 SUD ВАН 12 SUD KWT 25 2. Information on the number and capacity of the cars and buss available in the company: Vehicle/ type Capacity (Person) Fuel/trip/Day in BD 60 Maintenance/day In BD Mini Bus 70 Car Van 4 40 40 20 50 60 3. Information on the daily trip that has been conducted in the previous six months: 1 2 2 1 1 4 3 3 3 3 3 2 5 6. 3 5 5 5 1 5 6 2 2 2 3 3 2 2 2 1 3 3 4 4 5 6 6 2 1 • The monthly customers are normally distributed with a mean on 200 customers and a Standard Deviation of 30.89. • Use the given information and develop a risk analysis model for the monthly profit of the company (30 Trials). Do you think that this is a profitable project? • Which trip is the most frequently run by the company? • Which is the costliest trip based on your model? • How many times the company will cancel their trips? 16632
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