This exercise illustrates that poor quality can affect schedules and costs. A manufacturing process has 100 customer

Question:

This exercise illustrates that poor quality can affect schedules and costs. A manufacturing process has 100 customer orders to fill. Each order requires one component part that is purchased from a supplier. However, typically, 2% of the components are identified as defective, and the components can be assumed to be independent.
(a) If the manufacturer 100 components, what is the probability that the 100 orders can be filled without reordering components?
(b) If the manufacturer 102 components, what is the probability that the 100 orders can be filled without reordering components?
(c) If the manufacturer 105 components, what is the probability that the 100 orders can be filled without reordering components? Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...