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soldier1979 [14.2K]
3 years ago
7

In a set of 12 aluminum castings, two castings are defective (D), and the remaining ten are good (G). A quality control inspecto

r randomly selects three of the twelve castings with replacement, and classifies each as defective (D) or good (G). The sample space for this experiment contains __________ elementary events.
Business
1 answer:
Brrunno [24]3 years ago
7 0

Answer:

The sample space for this experiment contains 1728 elementary events.

Explanation:

Set of aluminum castings = 12

Control inspector randomly selects castings with replacement = 3

so elementary events = 12 * 12 * 12

Elementary events = 1728

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EA11.
Vedmedyk [2.9K]

Answer:

$1,700

Explanation:

Given that,

Purchase of raw materials inventory  = $1,000

Assignment of raw materials inventory to Job 5  = $500

Payroll for 20 hours with $1,000 assigned to Job 5

Factory utility bills = $750

Overhead applied at the rate = $10 per hour

Cost assigned to Job 5 at the end of the week:

= Raw materials inventory to Job 5 + Labor cost + Manufacturing Overhead applied

= $500 + $1,000 + ($10 per hour × 20 hours)

= $500 + $1,000 + $200

= $1,700

3 0
4 years ago
Amy Lloyd is interested in leasing a new Honda and has contacted three automobile dealers for pricing information. Each dealer o
Ksivusya [100]

Answer:

For 12000, 15000 and 18000 miles per year respectively.

Dealer = Hepburn Honda:

10764 USD, 12,114 USD, 13464 USD

Dealer = Midtown Motors:

11,160  USD, 11,160 USD, 12,960 USD

Dealer = Hopkins Automotive:

11,700 USD, 11,700 USD, 11,700 USD

Explanation:

<em>Payoff Table Construction:</em>

The assumption of miles per year will definitely help to calculate the overall cost. Here we go:

1. Assumption no: 1:

12000 miles = 1 year

24000 miles = 2 years

36000 miles = 3 years

Let's calculate the cost for Hepburn Honda Dealer:

Dealer = Hepburn Honda:

3 years = 36 months

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(299) + 0.15(36000 - 36000) = 10764 USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(299) + 0.15(45000-36000) =  12,114 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(299) + 0.15(54000-36000) = 13464 USD

Above are the calculations for dealer Hepburn Honda. Now, let's calculate for the second one.

Dealer = Midtown Motors:

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(310) + 0.20 x max(36000 - 45000) = 11,160  USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(310) + 0.15 x max(45000-45000) =  11,160 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(310) + 0.20 x max(54000-36000) = 12,960 USD

Above are the calculations for dealer Midtown Motors. Now, let's calculate for the third one.

Dealer = Hopkins Automotive:

For 12000 miles per year drive

For 3 years = 36000 miles

So, we have:

36(325) + 0.15 x max(36000 - 54000) = 11,700  USD

For 15000 miles per year drive

For 3 years = 45000 miles

36(325) + 0.15 x max(45000-54000) =  11,700 USD

For 18000 miles per year drive

For 3 years = 54000 miles

36(325) + 0.15 x max(54000-54000) = 11,700 USD

Payoff Table:

For 12000, 15000 and 18000 miles per year respectively.

Dealer = Hepburn Honda:

10764 USD, 12,114 USD, 13464 USD

Dealer = Midtown Motors:

11,160  USD, 11,160 USD, 12,960 USD

Dealer = Hopkins Automotive:

11,700 USD, 11,700 USD, 11,700 USD

5 0
3 years ago
What are two characteristics of a commerical bank
uysha [10]
Safe place to put money. Your money if stolen is insured by the FDIC.
8 0
4 years ago
Select the correct answer
serious [3.7K]

Answer: I think it’s D The sales team is the voice of an organization, so there should be no scope for misinformation.

Explanation: They should be in constant communication so misinformation can be stopped.

8 0
3 years ago
Read 2 more answers
Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has
kow [346]

Answer:

risk aversion.

Explanation:

Have you ever heard "A bird in the hand is worth two in the bush"?

It relates to safe investments or activities that yield known returns, instead of simply trying to go after more birds that you might or might not catch.

Tom knows that he can sue the title company and earn a lot of money, but he also knows that he might lose the case and instead of getting some money will have to spend a lot of his money in legal fees. Since he dislikes the risk of losing both the suit and his own money, he decided to accept the company's settlement.  

3 0
3 years ago
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