A mobile phone factory has a supply contract with a long-standing client. The client has to purchase
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Question:
A mobile phone factory has a supply contract with a long-standing client. The client has to purchase c ∈ N mobile phones per month. In addition, the customer can order additional phones as required. The number of additional phones required can be modeled by a Poisson-distributed random variable X with parameter λ > 0.
(a) Express the random variable Y = "total purchase in a given month” using X and c.
(b) Determine the probability mass function of Y, depending on λ.
(c) Determine P(Y ≤ 6) when λ = 6 and c= 4.
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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