Question

In: Math

A shipping company handles containers in three different sizes.

A shipping company handles containers in three different sizes. 

1. 27 ft3 (3 x 3 x 3) 

2. 125 ft3

3. 512 ft3 


Let Xi (i = 1, 2, 3) denote the number of type i containers shipped during a given week. With μi = E(X;) and σi2 = V(Xi), suppose that the mean values and standard deviations are as follows. 

μ1 = 500 μ2 = 450 μ3 = 50

σ1 = 8    σ2 = 12    σ3 = 10  


Suppose that the Xi's are independent with each one having a normal distribution. What is the probability that the total volume shipped is at most 100,000 ft3 (Round your answer to four decimal places.)

Solutions

Expert Solution


Related Solutions

A shipping company handles containers in three different sizes: (1) 27 ft3 (3 Ý 3 Ý...
A shipping company handles containers in three different sizes: (1) 27 ft3 (3 Ý 3 Ý 3), (2) 125 ft3, and (3) 512 ft3. Let Xi (i = 1, 2, 3) denote the number of type i containers shipped during a given week. With ?1 = 230     ?2 = 240     ?3 = 120 ?1 = 11 ?2 = 12 ?3 = 7 (a) Assuming that X1, X2, X3 are independent, calculate the expected value and variance of the total volume...
Hefty Inc. produces plastic storage containers. The company makes two sizes of containers: regular (55 gallon)...
Hefty Inc. produces plastic storage containers. The company makes two sizes of containers: regular (55 gallon) and large (100 gallon). The company uses the same machinery to produce both sizes. The machinery can be run for only 2,500 hours per month. Hefty can produce 20 regular containers every hour, whereas it can only produce 8 large containers in the same amount of time. Fixed costs amount to $1,000,000 per month. Sales prices, variable costs, and monthly demand are as follows:...
A shipping freighter has space for two more shipping containers, but the combined weight cannot go...
A shipping freighter has space for two more shipping containers, but the combined weight cannot go over 20 tons. Four shipping containers are being considered. The following table provides details on the weight (in tons) and value of the contents of each container. ​ Container 1 2 3 4 Weight of container (tons) 5 6 9 7 Value / Container $6,000 $5,500 $7,500 $6,000 ​ Develop a binary integer model ( write all the constraints) that will determine the two...
Print three outputs corresponding to three tests that are based on different proposed bar sizes, such...
Print three outputs corresponding to three tests that are based on different proposed bar sizes, such as a small bar (25 seats), a medium sized bar (60 seats) and a big bar (100 seats). CSMSoftwareGurusBar.java public class CSMSoftwareGurusBar { private int freeChairs = 50; private double profit = 0.0; private SimulationFramework simulation = new SimulationFramework(); private int[] beerType = {100, 60, 25}; public static void main(String[] args) { CSMSoftwareGurusBar world = new CSMSoftwareGurusBar(); System.out.println(world.beerType.length); CSMSoftwareGurusBar world2 = new CSMSoftwareGurusBar(); System.out.println(world2);...
Each of the following three datasets represent IQ Scores for three random samples of different sizes....
Each of the following three datasets represent IQ Scores for three random samples of different sizes. The population mean is 100 population standard deviation is 15. Compute the sample mean, median and standard deviation for each sample size: Sample Size 30 106 92 98 103 100 102 98 124 83 70 108 121 102 87 121 107 97 114 140 93 130 72 81 90 103 97 89 98 88 103
Each of the following three datasets represent IQ Scores for three random samples of different sizes....
Each of the following three datasets represent IQ Scores for three random samples of different sizes. The population mean is 100 population standard deviation is 15. Compute the sample mean, median and standard deviation for each sample size: 10) Using the sample size of 30 above in problem eight, your child was tested and has an IQ Score of 140. Calculate Z-Scores to answer these questions: a. If your child has an IQ Score of 75, what percentage of the...
Mickey Company manufactures three different sizes of stuffed teddy bears (large, small and medium d corresponding...
Mickey Company manufactures three different sizes of stuffed teddy bears (large, small and medium d corresponding costs for the month of January 2004 are given below: large medium small projected unit sales 3,000 5,000 4,000 $ $ $ price per unit 40 30 20 variable cost per unit --direct material 12 10 8 --direct labour 8 5 3 --support costs 5 3 2 fixed cost per unit 2 2 2 total unit cost 27 20 15 It takes 20, 15...
Assume Tianqi Distributors and Aseel Shipping are the only two firm moving containers from Asia to...
Assume Tianqi Distributors and Aseel Shipping are the only two firm moving containers from Asia to Europe. The payoff matrix below shows their annual profits in millions of euros that each firm could earn at different capacities. Aseel Shipping’s profit is on right hand side number in each cell and Tianqi Distributors’ profit is on the left-hand side of each cell. At their current capacities (with no expansion) Aseel Shipping is earning 40 million euros and Tianqi Distributors is earning...
BigView Monitors manufactures three different sizes of computer monitors: 15-inch, 17-inch, and 20-inch. The company has...
BigView Monitors manufactures three different sizes of computer monitors: 15-inch, 17-inch, and 20-inch. The company has recently implemented an activity-based costing system. BigView has identified five different production activities as well as the best cost driver for each activity. Each activity and driver is listed below, along with the budgeted amount that is associated with each activity for next year. Budgeted Activity Cost Driver Costs Parts handling Number of parts $     90,000 Parts insertion Number of parts 990,000 Automated processing...
JRT Motors Inc. has been shipping its Suzuki engines in containers to avoid the necessary crating...
JRT Motors Inc. has been shipping its Suzuki engines in containers to avoid the necessary crating of the engines. JRT Motors Inc. will pay freight on container load of 40 tons, regardless of whether or not the container is completely filled with engines. Record shows that due to engine size, JRT Motors Inc. has shipped only 30 tons per container. Freight of container cost $3.00 per kilograms. If the engines are crated so that they can be shipped at the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT