Question: please answer 3 & 4 Question 3 (2.5 points) Saved If a process averages 2 arrivals per minute, what is the probability that the next

please answer 3 & 4 please answer 3 & 4 Question 3 (2.5 points) Saved

Question 3 (2.5 points) Saved If a process averages 2 arrivals per minute, what is the probability that the next arrival will occur in 2.5 minutes or more? 32% 98% 68% 1.35% Question 4 (2.5 points) You can buy a part for $3,500 or you can make it for $2,100 on a machine that costs $110,000. What is the breakeven point for product cost? 19.64 78.60 52.38 31.43

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

answer both The number of parts in a process that are greater than 4 sigma and less than - 4 sigma is 63 per thousand 3.4 per million 63 per million 317 per thousand Question 3 (2.5 points) Saved If...

Question 3 (2.5 points) Saved If a process averages 4 arrivals per minute, what is the probability that the next arrival will occur in 0.45 minutes or less? 68% 19% 81% 32%

If a process averages 5 arrivals per minute, what is the probability that the next arrival will occur in 0,65 minutes or more? 15% 1.6% 19.4% 25.3% Question 4 (3.03 points) You can buy a part for...

please answer the following Question 17 (2.5 points) A product is made up of three components and all three must operate in order for the product to operate. The reliability of the three components...

Consider a production process for Product A which consists of four tasks, T1, T2, T3, and T4. Each activity requires one dedicated worker. The unit load on each activity can be found in the following...

please answer all questions Question 30 1 points SA An loc cream shop in Queens offers a wide selection of ice cream and frozen yogurt. It has three employees. Assuming that there is unlimited demand...

Please answer in details Question 4 (20 points) Consider the following decentralized real business cycle model with no trend growth. There is a continuum of households and the representative...

Questions please answer Problem Set 1 1. (25 points) For each of the following scenarios, use a supply and demand diagram to illustrate the effect of the given shock on the equilibrium price and...

please answer all 4 question !!! A college student, Stan Ford, recently took a course in management science. He now enjoys applying what he learned to optimize his personal decisions. He is analyzing...

Argonaut Boating (Argonaut) asks Simpson, Flanders & Gumble, LLP (SFG), a CPA firm, to audit its financial statements. Argonaut tells SFG that it plans to use the statements to obtain a loan from...

A treasurer has decided to meet a current funding shortfall by drawing down a $10,000,000 (face value) 90day commercial bill. The bill is drawn down to yield 3.98% p.a. and the company's bank charges...

A revocable trust account is one in which funds are paid to a beneficiary upon the death of the owner. A . True B . False

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...