Question

In: Operations Management

4. You are visiting the rainforest, but unfortunately your insect repellent has run out. As a...

4. You are visiting the rainforest, but unfortunately your insect repellent has run out. As a result, at each second, a mosquito lands on your neck with probability 0.5. If one lands, with probability 0.2 it bites you, and with probability 0.8 it never bothers you, independently of other mosquitoes.
a. What is the expected time between successive mosquito bites? What is the variance of the time between successive mosquito bites?
b. In addition, a tick lands on your neck with probability 0.1. If one lands, with probability 0.7 it bites you, and with probability 0.3, it never bothers you, independently of other ticks and mosquitoes. Now, what is expected time between successive bug bites? What is the variance of the time between successive bug bites?

Solutions

Expert Solution


Related Solutions

Plato Pharmaceuticals Ltd. has invested $150,000 to date in developing a new type of insect repellent....
Plato Pharmaceuticals Ltd. has invested $150,000 to date in developing a new type of insect repellent. The repellent is now ready for production and sale, and the marketing manager estimates are found in the chart below. Year Bottles per year Selling Price Variable Cost 1 150,000 $6.00 $3.00 2 165,000 $6.00 $3.15 3 175,000 $6.95 $3.25 4 190,000 $6.95 $3.55 5 190,000 $7.95 $3.60 6 170,000 $7.95 $3.90 Fixed costs (excluding amortization) are expected to be $200,000 a year. The...
Plato Pharmaceuticals Ltd. has invested $100,000 to date in developing a new type of insect repellent....
Plato Pharmaceuticals Ltd. has invested $100,000 to date in developing a new type of insect repellent. The repellent is now ready for production and sale, and the marketing manager estimates that the product will sell 150,000 bottles a year for the first two years, 170,000 for year three and 200,000 for the next two years. The selling price of the insect repellent will be $6.00 a bottle and the variable costs are estimated to be $3.00 a bottle for Year...
Plato Pharmaceuticals Ltd. has invested $100,000 to date in developing a new type of insect repellent....
Plato Pharmaceuticals Ltd. has invested $100,000 to date in developing a new type of insect repellent. The repellent is now ready for production and sale, and the marketing manager estimates that the product will sell 150,000 bottles a year for the first two years, 170,000 for year three and 200,000 for the next two years. The selling price of the insect repellent will be $6.00 a bottle and the variable costs are estimated to be $3.00 a bottle for Year...
9. At the end of tax season, you and your friends go out to celebrate. Unfortunately,...
9. At the end of tax season, you and your friends go out to celebrate. Unfortunately, you enjoy the evening a bit too much and, on the way home, are pulled over by the police. After given a sobriety test, you are arrested for felony DUI. Do you report this incident to the board of accountancy? If not, under what circumstances are you required to do so?
You run out of avocados for your daily avocado toast and you need to resupply. However,...
You run out of avocados for your daily avocado toast and you need to resupply. However, you are low on funds and decide to search for average prices of avocados. You discover the following prices (in dollars) for a bushel of avocados: Price of Bushel ($) 8 11 9 8 10 11 10 6 11 6 Use the data to complete the information below (round to two decimals when appropriate) RANGE = SS = VARIANCE = STANDARD DEVIATION = est....
3. You are working in a temperate rainforest that has small patches of sandy soil spread...
3. You are working in a temperate rainforest that has small patches of sandy soil spread throughout the area. This soil has a unique chemistry, different from the soil of the neighboring clay-rich areas of the forest, and results in a different composition of plants. In particular, you notice one shrub that occurs only on the small sandy patches. Briefly describe three factors that you hypothesize may explain the patchy distribution of the shrub. How would you determine the sexual...
You are planning to create an ohmic contact for your new semiconductor device. Unfortunately, in your...
You are planning to create an ohmic contact for your new semiconductor device. Unfortunately, in your first attempt the contact shows a diode-like current-voltage characteristic, which indicates that the electrons must overcome a barrier. (a) Show, using the WKB approximation for a parabolic barrier, that at a doping density of ?? = 1 ⋅ 1016cm-3 the tunneling coefficient T is so small that no carriers are crossing the barrier via the tunnel effect. (b) To what level do you need...
Your niece is visiting you, and you are serving her ice cream in a conical glass...
Your niece is visiting you, and you are serving her ice cream in a conical glass (conical shape whose bottom is the tip of the cone). The diameter of the opening is 3 inches, and the cone is 6 inches tall. You plan to fill the cone part way to a height h. Your niece requires that you smooth the ice cream so that it lies perfectly flat. Find a formula for the height of ice cream as a function of...
When you hold an insect at the near point of your eye it subtends an angle...
When you hold an insect at the near point of your eye it subtends an angle of 5.00 10-3 rad. Determine the maximum angular size of the insect when viewed through a magnifying glass (simple magnifier) that has a focal length of 8.70 cm.
Your eccentric Aunt Claudia has left you $50,000 in BP shares plus $50,000 cash. Unfortunately her...
Your eccentric Aunt Claudia has left you $50,000 in BP shares plus $50,000 cash. Unfortunately her will requires that the BP stock not be sold for one year and the $50,000 cash must be entirely invested in one of the stocks shown below. The table provides estimates of the standard deviations of returns for each stock and the correlation between the returns of each pair of stocks. BHP BP Fiat Chrysler Heineken Korea Electric Nestlé Sony Tata Motors BHP 1.00...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT