We can use the formula for binomial
distribution in calculating for the probability that exactly two customers out
five will default on their payments.
The formula is:
P(r) = nCr*q^(n-r)*p^r
Where:
n = sample size, 5
r = successes, 2
q = failure rate, 96% = 0.96
r = success rate, 4% = 0.04
Substituting on the formula:
P = 5C2*0.96^3*0.04^2
<span>P = 0.0142 or 1.42%</span>
Answer:
Hi
The logistics system of any company usually has the options of an external offer framework, specifying the use of the service of specification of agents of the environment through alliances and subcontracting, always looking for better levels of specialization that return in the achievement of the cables. In this sense, the logistics system tries to balance a permanent coordination scheme with all operating elements.
For the strategy and operation of logistics, it is necessary to build a strategic plan aligned with the strategic business plan, where it is necessary to detail the mission, vision, strategic objectives and program of actions to guide logistics management at all levels, planning inventories, supply, product receipts, mobility, third-party services, distribution and customer service. Given this, the bias associated with the traditional management of incidents or claims to be part of a proactive approach that plays a key role in improving the competitiveness of the company is avoided.
Explanation:
The average cost of care for a radius fracture patient ranged from $6,577 to $8,181 depending on the definition of an episode of care. No matter definition, the variant in cost turned into high. The fee of the surgical procedure itself composed sixty-one% to ninety-one% of the total cost of an episode.
If the distal radius fracture is in a terrific function, a splint or forged is carried out. It regularly serves as a final treatment until the bone heals. normally a solid will stay on for up to 6 weeks. Then you may be given a detachable wrist splint to wear for comfort and aid.
Whilst distal radial fracture surgery is not constantly important that allows you to fix the damage, this kind of wrist surgical operation is one of the maximum typically achieved by way of orthopedic physicians.
Learn more about radius fracture here: brainly.com/question/15522073
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Answer:
C. A firm that uses more labor and less capital than another firm cannot be technologically efficient
Explanation:
"Technological efficiency" is different from "economical efficiency."
Technological efficiency focuses on having the least amount of inputs in hitting the maximum output. Economical efficiency focuses on having the least amount of cost in hitting a maximum output.
Choice c mentioned about<em> "more labor</em>" so, this shows that it is not technologically efficient because it has more inputs. It should include only the <em>fewest number of labor</em>, since it is the concern of a technologically-efficient firm<em> (and not the cost)</em>.
This also shows that a "technologically-inefficient method" <u>can be</u> "economically-efficient."
Answer:
Office management helps to maintain a close relationship between different department of people. It regularly supplies order,command and instruction to different people.It oerformsvarious function like planning , organising,controling, staffing,supervising, motivating,and effective leadership.
Explanation:
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