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Savatey [412]
3 years ago
12

Consider an assembly line with 20 stations. Each station has a 0.5% probability of making a defect. At the end of the line, an i

nspection step singles out the defective units. The inspection step catches 80% of all defects. From inspection, units that are deemed to be non-defective
are moved to the shipping department.
If a defect is found at inspection, it is sent to the rework department.
Rework fixes about 95% of the defective units. Units are directly shipped from the rework department with no further inspection taking place.
1- What is the probability that a unit ends up in rework (in decimal form)?
2- What is the probability that a defective unit is shipped (in decimal form)?
Business
1 answer:
sashaice [31]3 years ago
8 0

Answer:

<h2>Assembly Line</h2>

1. Probability that a unit ends up in rework = Probability of defect in 20 stations multiplied by the probability of catching defects = 0.8%(1% x 80%) = 0.008

2. Probability that a defective unit is shipped = Probability of defective units during inspection plus Probability of defective units during rework = 25% (20% + (100-95%)) = 0.25

Explanation:

a) Probability of defect in 20 stations = 0.5% x 20 = 1%.  Each station has a 0.05%

b) Probability of defective units during inspection = 20% (100% - 80)

c) Probability of defective units during rework = 5% (100% -95)

c) Probability is the likelihood or chance of an event occurring.  Divide the number of events by the number of possible outcomes. This will give us the probability of a single event occurring.

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ss7ja [257]

Answer:

a. the current level of interest rates

Explanation:

The current interest rate represent the factor that does not based upon the rate of interest as it does not modify on the frequentyly basis such as the price of the stock or the current price. In the case when we do the trasing in the stock market so the standard deviation would be used in order to get to know the stock volatility

Hence, the option a is correct

7 0
3 years ago
In an hour, Henry can wash 20 windows or clean 2 bath tubs. In an hour, Rose can wash 30 windows or clean one bath tub. If their
marysya [2.9K]

If their father Dave allows them to trade chores to achieve gains from trade then "Henry will clean bath tubs; Rose will wash the windows".

<u>Option: C</u>

<u>Explanation:</u>

In this scenario Henry is washing 20 windows or 2 bath tabs in an hour, which showcase his average washing of 10 windows over 1 bath tab in half hour. While here Rose is washing 30 windows or 1 bath tab in an hour by giving average of 15 windows over half bath tab in half hour, which is less than Henry's average of washing.

Thus on considering the above average of work performed by Henry and Rose in equal amount of given time for work, Henry is more prominent to be specialized in cleaning bath tubs while Rose will more expert in washing windows because she is cleaning more windows than Henry in same on hour of time.

6 0
3 years ago
A primary feature of the "the mix" is anything for which one can lose: earned time good time family time probation time parole t
Luda [366]

Answer:

The correct answer is GOOD TIME

Explanation:

A primary feature of the "the mix" is anything for which one can lose GOOD TIME

8 0
3 years ago
In the ________ model of informed consent, personal information can be collected until the consumer specifically requests that h
slava [35]

Answer:

"Opt-out " is the correct answer.

Explanation:

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7 0
3 years ago
Novak provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $2,400 pe
Olin [163]

Answer: 100 lawns

Explanation:

The Break-Even Point is the point where expenses/costs equal revenue.

First calculate the costs starting with the fixed costs which are Depreciation, advertising and insurance

= 2,400 + 400 + 2,400

= $5,200

Then the Variable costs per units which are, Weed and feed materials, Direct labor and Fuel.

= 15 + 31 + 2

= $48

Now calculate the Contribution Margin ratio which is,

= (Sales - Variable Cost ) / Sales

= (100 - 48) / 100

= 52%

With Contribution Margin, Break-Even sales can be calculated as,

Breakeven sales = fixed costs / contribution margin ratio

Breakeven sales = 5,200/52%

Breakeven sales in cash = $10,000

Breakeven sales in lawns = breakeven sales / sales per unit

Breakeven sales in lawns = 10,000/100

Breakeven sales in lawns = 100 lawns

Novak breaks even at servicing 100 lawns.

6 0
3 years ago
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