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Cars arrive at a car wash randomly and independently; the probability of an arrival is the same for any two time intervals of equal length. The mean arrival rate is 15 cars per hour.
A) What is the probability that 12 or more cars will arrive during any given hour of operation?
B) What is the probability that 5 or fewer cars will arrive during any given 20 min. of operation?
C) What is the probability that more than 5 but less than 10 cars will arrive during any given 40 min. of operation?
D) What is the probability that no arrivals happen in any given 10 min. of operation?
A major razor blade manufacturer advertises
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What is the preventive maintenance cost that makes the manager indifferent between a one week and a two week preventive maintenance strategy?
a.compute descriptive statistics for each stock and the sampp 500. comment on your results. which stocks are most
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To answer this question, an analyst collected random samples of 25 female customers and 22 male customers. Based on these samples on average the 25 women charge customers spent $102.23 and the 22 male charge customers spent $86.46. Moreover, the samp..
A traffic engineer is studying a stretch of road on a rural highway. At his observation point, an average of 12 vehicles per hour pass. The vehicles are independent of each other. 1. What is the probability that fewer than 5 vehicles pass betwee..
Universal Burger is concerned about product waste, so they sampled their burger waste record from the past year with the following results: Number of Burgers Discarded During a Shift: 2, 16, 4, 12, 19, 29, 24, 7, 19, 22, 14, 8, 24, 31, 18, 20, 16, ..
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Formulate a nonlinear program representing the profit maximization problem for the bakery - Formulate the goal programming representation of this problem, with the other three goals having priorities P2, P3, and P4, respectively.
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