Compute probability of underfilling for several values

Reference no: EM13129152

A filling process at your plant injects a specialty dielectric filling into an exterior wall for the product. To meet standards, the process must inject 10 cubic centimeters of dielectric, or the wall must be reprocessed at a cost of $20. The quantity injected is normally distributed with a mean of 10 cubic centimeters and a standard deviation of 0.4 cubic centimeters. A cubic centimeter of this dielectric costs $10. A correctly constructed wall is $230 of the overall build price.

a. What is the probability that the wall will be underfilled?

b. The manager wants to adjust the mean to reduce the reject rate. Compute the probability of underfilling for several values of the mean fill. How much extra per wall does it cost to ensure a 99% acceptance rate?

Reference no: EM13129152

Questions Cloud

Enough evidence for average credit card debt has increased : Is there enough evidence to believe that the average credit card debt has increased? Use a=0.05. Give a possible reason as to why or why not the debt was increased.

Which is not a retrospective-type accounting change : Which of the following is not a retrospective-type accounting change?

Explain what is the pi of leucine : What is the pI of leucine, Draw the condensed structure for leucine, and label all chirality centers with an asterisk

Compute probability of underfilling for several values : The manager wants to adjust the mean to reduce the reject rate. Compute the probability of underfilling for several values of the mean fill.

How much energy is required : how much energy is required to vaporize 48.7 g of CH2Cl2 at its boiling point if its Hvap = 31.6 kg/mol

Why are there so many revenue recognition methods : Why is it so subjective and what are the implications to the quality of the income statement?

Explain how much gain or loss does each party recognize : Explain how much gain or loss does each party recognize? What is the basis of the properties held by each at the end of the transaction? How much of each partys gain or loss is postponed (deferred)?

Experience financial difficulties : Gold Company was experience financial difficulties, but was not bankrupt or insolvent. The National Bank which held a mortgage on other real estate owned by Gold, reduced the principal from $110,000 to $85,000.

User Account

All Pages