Q1- The Jerusalem Company is not sure whether to buy the packaging boxes from supplier X,...
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Q1- The Jerusalem Company is not sure whether to buy the packaging boxes from supplier X, Y, or Z. The analysis of previous experience dealing with the three suppliers reveals the following ingredients quality: Supplier X Defect/Scrap Rate 2 4 6 Defect/Scrap Rate 2 4 6 Supplier Y 2 4 6 Probability Defect/Scrap Rate Supplier Z 0.25 0.30 Probability 0.40 0.35 Probability 0.55 0.30 The Company buys a container of 18000 boxes each month which means that the probability to get 2% defective boxes in each container is 0.25 from supplier X, 0.40 from supplier Y, and 0.55 from supplier Z. What is your recommended alternative (supplier) (15 points). Q1- The Jerusalem Company is not sure whether to buy the packaging boxes from supplier X, Y, or Z. The analysis of previous experience dealing with the three suppliers reveals the following ingredients quality: Supplier X Defect/Scrap Rate 2 4 6 Defect/Scrap Rate 2 4 6 Supplier Y 2 4 6 Probability Defect/Scrap Rate Supplier Z 0.25 0.30 Probability 0.40 0.35 Probability 0.55 0.30 The Company buys a container of 18000 boxes each month which means that the probability to get 2% defective boxes in each container is 0.25 from supplier X, 0.40 from supplier Y, and 0.55 from supplier Z. What is your recommended alternative (supplier) (15 points).
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