You can divide the total number of outcomes.
Given that the cubical piece has side (s) 7 mm, and a cylindrical hole of diameter (d) as 3 mm.
The volume of the piece can be calculated as,
It is mentioned that the material costs $207 per cubic meter, so the cost (c) of 1 piece is calculated as,
This is the cost (in dollars) for 1 piece.
Given that the manufacturer wants to produce 1,000,000 such pieces, so the total cost (TC) is calculated as,
Thus, the total prototypes will cost around $60.75
Answer:
Correlation.
Step-by-step explanation:
When relationship between two or more variables are to be established such that the measure of the effect of one variable (independent variable) on the other variable (dependent variable) is evaluated , this is called correlation study or analysis. In the scenario above, the relationship between productivity or revenue and employee shift is correlated, that is a relationship was established between the revenue made and the shift days of a particular employee, which yielded a positive association between the two variables. The employee shift is the independent variable and the revenue made is the dependent variable.
