Question
In: Statistics and Probability
A company manufactures electronic components. 2 in 10 are of such high quality that they can...
A company manufactures electronic components. 2 in 10 are of such high quality that they can be sold at a premium. We refer to those high quality components as HQ components. A component is sampled at random for QA, and it is put back to the others after inspection. This process is done a total of 5 times. What is the probability that:
At least 2 components are NOT HQ
Solutions
orchestra answered 1 year agoRelated Solutions
Vancouver manufacturing Ltd. manufactures a variety of high quality electronic components. Data from the last three...
Vancouver manufacturing Ltd. manufactures a variety of high
quality electronic components. Data from the last three months are
presented below:
July
August
September
Direct materials partial
productivity
0.76
0.77
0.78
Overtime hours worked
60
65
62
Defect rate
1.00%
0.95%
0.92%
On time delivery
97.0%
97.3%
97.0%
Set up time (average in hours)
5.90
5.85
5.80
Number of machine breakdowns
3
2
2
Downtime (hours)
15.0
11.5
11.0
Number of products returned
5
4
3
Throughput time (hours)
10.0
9.8...
Neptune is a European company that manufactures high quality computer components and assembles computer parts. It...
Neptune is a European company that manufactures high quality
computer components and assembles computer parts. It has existed
for some years and is part of a vertical supply chain for a
well-known brand of computer hardware. Profts are coming under
increasing pressure from manufacturers in the Far East and Asia
with lower labour costs, and from rising raw material
costs. Neptune is listed on a stock exchange. There is pressure
from institutional investors for better returns in the form of
dividends...
Neptune is a European company that manufactures high quality computer components and assembles computer parts. It...
Neptune is a European company that manufactures high quality
computer components and assembles computer parts. It has existed
for some years and is part of a vertical supply chain for a
well-known brand of computer hardware. Profts are coming under
increasing pressure from manufacturers in the Far East and Asia
with lower labour costs, and from rising raw material
costs. Neptune is listed on a stock exchange. There is pressure
from institutional investors for better returns in the form of
dividends...
Directions: Read the article, "10 Components of High-Quality Child Care for Infants and Toddlers" by the...
Directions: Read the article, "10 Components of High-Quality
Child Care for Infants and Toddlers" by the Child Development
Council. Re-order the list in order to create what you feel is a
Top Ten list (rank them 10 to 1 in countdown manner, with 1 being
last and your choice for top quality). Then write a brief
explanation of why you ranked the qualities the way you did, and
why your #1 choice is #1.
Document Below:
National experts have identified...
West Coast Containers manufactures a high quality container in which to ship electronic equipment. Actual production...
West Coast Containers manufactures a high quality container in
which to ship electronic equipment. Actual production was 18,000
containers using 9,500 machine-hours. Actual variable costs were
$20 per machine-hour. The current year operating budget is based on
production of 20,000 containers with 0.8 machine-hour allowed per
container. Variable manufacturing overhead is anticipated to be
$220,000. Calculate the variable overhead rate and efficiency
variances. Calculations s/b 2 decimal places.
Krishna Electronics Pvt. Ltd. is a new venture that manufactures electronic components. The company produced the...
Krishna Electronics Pvt. Ltd. is a new venture that
manufactures electronic components. The company produced the
following income statement results in its first year of
operations:
Net Sales
Rs. 10,00,000
Cost of Goods Sold
- Rs. 6,50,000
Gross Profit
Rs. 3,50,000
General and Administrative
Expenses
- Rs. 2,40,000
Marketing Expenses
- Rs. 80,000
Depreciation
- Rs. 45,000
EBIT
- Rs. 15,000
Interest Expenses
- Rs. 35,000
Earnings Before Taxes
- Rs. 50,000
Taxes
Rs. 0
Net Earnings (Loss)
- Rs....
Krishna Electronics Pvt. Ltd. is a new venture that manufactures electronic components. The company produced the...
Krishna Electronics Pvt. Ltd. is a new venture that
manufactures electronic components. The company produced the
following income statement results in its first year of
operations:
Net Sales
Rs. 10,00,000
Cost of Goods Sold
- Rs. 6,50,000
Gross Profit
Rs. 3,50,000
General and Administrative
Expenses
- Rs. 2,40,000
Marketing Expenses
- Rs. 80,000
Depreciation
- Rs. 45,000
EBIT
- Rs. 15,000
Interest Expenses
- Rs. 35,000
Earnings Before Taxes
- Rs. 50,000
Taxes
Rs. 0
Net Earnings (Loss)
- Rs....
A company that manufactures electronic components wants to know the mean discharge time of one particular...
A company that manufactures electronic components wants to know
the mean discharge time of one particular type of capacitor that it
makes. In order to estimate this value, they randomly select 100
capacitors and measure how long they take to discharge. The mean of
this sample was 7.25 seconds with a standard deviation of 0.15
seconds. Assuming that this distribution is normal, construct a 99%
confidence interval to estimate the mean discharge time for all
capacitors of this type. Since...
A company has developed a design for a high-quality portable printer. The two key components of...
A company has developed a design for a high-quality portable
printer. The two key components of manufacturing cost are direct
labor and parts. During a testing period, the company has developed
prototypes and conducted extensive product tests with the new
printer. The company's engineers have developed the bivariate
probability distribution shown below for the manufacturing costs.
Parts cost (in dollars) per printer is represented by the random
variable x and direct labor cost (in dollars) per printer
is represented by...
A company has developed a design for a high-quality portable printer. The two key components of...
A company has developed a design for a high-quality portable
printer. The two key components of manufacturing cost are direct
labor and parts. During a testing period, the company has developed
prototypes and conducted extensive product tests with the new
printer. The company's engineers have developed the bivariate
probability distribution shown below for the manufacturing costs.
Parts cost (in dollars) per printer is represented by the random
variable x and direct labor cost (in dollars) per printer
is represented by...
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