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lana66690 [7]
3 years ago
9

A company receives equipment from two factories: 38% from factory A, and all other equipment from factory B. Each factory has a

percentage of equipment that is defective: 1% of factory A's equipment is defective, while 4% of factory B's equipment is defective. If a piece of the company's equipment is selected at random, what is the probability that it is defective and from factory B?a. 0.0248b. 0.0038c. 0.6012d. 0.6600
Business
1 answer:
nikitadnepr [17]3 years ago
4 0

Answer:

Probability will be 0.0286 which is nit given in the bellow option

So none of the given option is correct

Explanation:

We have given that company receives equipment from company A is 38 %

So p(A)=0.38

And rest of the equipment is received from company B

So p(B)=1-0.38=0.62

It is given that the equipment which is received from company A is 1 % defective

So p(D/A)=0.01

And equipment which is received from company B is 4 % are defective

So p(D/B)=0.04

So the probability that the equipment is defective =p(A)\times p(D/A)+p(B)\times p(D/B)=0.38\times 0.01+0.62\times 0.04=0.0286

So none of the option is correct

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Explanation:

As Product Life Cycle curve approach decline state

so company jump start by doing Find new users and new uses for the product help to attract the new target market and with the help of new style to product and usages so that it can increase sale and profits

and that company can do by change the element of its marketing mix as some excellent product last long in market that full fill to trends

so here correct option is a. Find new users and new uses

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3 years ago
Merging and milking brands are examples of? creating brand extensions. increasing brand loyalty. liquidating brands from a produ
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Merging and milking brands are examples of creating brand extensions.

Brand extension refers to the process in which a firm markets a new product by using its established brand names. It is a way to take advantage of the company’s already established brand equity to increase the market and reach of the new product.

The assumption is that consumer loyalty, familiarity, brand popularity and reputation of the producer will ensure that the product is readily integrated into the market. Product extension can further help in expanding the reach of the product to new markets and consumer base, and increase overall profit margins as a result.

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1 year ago
Sanchez Foods Inc. is a large food manufacturing corporation that earns more profits than its competitors. The company uses only
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Answer:

green marketing

Explanation:

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3 0
3 years ago
Consider the economies of Hermes and Tralfamadore, both of which produce gobs of goo using only tools and workers. Suppose that,
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1. The productivity (in terms of output per worker) in 2016 and 2026 for the economies of Hermes (<u>60 and 72</u>) and Tralfamadore (<u>30 and 54</u>).

2. The 5-unit change in capital per worker causes productivity in <u>Tralfamadore</u> to rise by <u>80%</u> than productivity in <u>Hermes</u> which rose by <u>20%</u>.

3. This illustrates the concept of the <u>catch-up effect</u>, which makes it <u>possible</u> for countries with low output to catch up to those with higher output.

<h3>What is the concept of the catch-up effect?</h3>

The economic concept of the catch-up effect states that developing countries usually develop faster than developed countries, eventually reach the same level of per capita productivity as developed economies.

<h3>Data and Calculations:</h3><h3>Hermes</h3>

Year      Physical Capital    Labor Force (Workers)   Output       Productivity

           (Tools per worker)                                  (Glops of gloop) (Glops per

                                                                                                         worker)

2016                 11                            30                         1,800       60 (1,800/30)

2026               16                            30                         2,160       72 (2,160/30)

<h3>Tralfamadore</h3>

Year      Physical Capital    Labor Force (Workers)   Output       Productivity

           (Tools per worker)                                  (Glops of gloop) (Glops per

                                                                                                         worker)

2016                 8                            30                         900       30 (900/30)

2026               13                            30                      1,620       54 (1,620/30)

<h3>Rise in productivity:</h3>

Hermes = 20% (72 - 60/60 x 100)

Tralfamadore = 80% (54 - 30)/30 x 100)

Thus, the productivity (in terms of output per worker) in 2016 and 2026 for the economies of Hermes (<u>60 and 72</u>) and Tralfamadore (<u>30 and 54</u>).

Learn more about the concept of catch-up effect at brainly.com/question/15061995

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What is the most common type of economy today?
Brrunno [24]
Mixed is the most common type of economy today.
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