Question: Read the following Case Study in your textbook: Case Study 0.2: Max's BBQue Inc. The following data is provided in Case Study 0.2 in the

Read the following Case Study in your textbook: Case Study 0.2: Max's BBQue Inc. The following data is provided in Case Study 0.2 in the text: The average number of strokes for a tool is 45.000. The standard deviation is 2,500 strokes. A punch has a total of 25 mm that can be ground otf before it is no longer useful. Each regnnd to sharpen a punch removes 1 mm of punch life. The cost to regrind is: 2 hours of press downtime to remove and reinsert tool, at $300 per hour 5 hours of tool maintenance time. at $65 per hour 5 hours of downtime while press is not being used. at $300 per hour The average wait time for unplanned tool regrind is 15 hours at $300 per hour. Because of the large number of strokes per tool regrind, this is considered to be a continuous distribution. The normal curve probability distlibution is applicable. Case Study Part 0 Using the data provided in Case Study Part | above. perform calculations to answer the following questions: What is the probability that a tool will last? 52,000 strokes 41,000 strokes 45,000 strokes
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