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In operations management, you learn that intermittent systems produce a variety of products one at a time (or in batches) to customer order. These systems contrast with continuous systems, in which a large number of homogeneous products are produced. One feature of intermittent systems is that new orders arrive at irregular intervals. For example, orders for business letterhead may come into the Ben Franklin Print Shop at the rate of .5 per day. Find the probability of (a) at least 2 orders for letterhead arriving tomorrow, (b) no orders in the next 2 days. (c) Find the expected number of orders in the next 30 working days. (d) What is the probability that the time between two orders is less than one day?
The firm examined 35 randomly chosen fax transmissions during the next year, yielding a sample mean of 14.44 with a standard deviation of 4.45 pages.
question a production run of toothpaste requires a fixed cost of 100000. the variable cost per unit is 3.00. if 50000
identify a peer-reviewed journal article published within the last 5 years that uses probabilities. this article should
an academic advisor calculated the mean gpa for college freshmen to be 2.33 with a standard deviation of 1.06. the
Be certain to mention the direction of the relationship, the strength of the relationship, and whether our findings are statistically significant
In a shipment of 79 vials, only 17 do not have hairline cracks. If you randomly select 3 vials from the shipment, what is the probability that all 3 of the selected vials have hairline cracks?
the rent-n-drive car rental company know from experience that the number of miles per day that customers drive a rental
The researcher then records the level of activity for each child during a 30 minute session on the playground. Is this an experimental or a correlation study? Explain your answer.
An automobile manufacturer has a new model that they claim gets 27 miles per gallon. A consumer testing agency chooses 50 of these cars and finds that the sample mean is 25 miles per gallon and the sample standard deviation (s) is 3 miles per gall..
motorola used the normal distribution to determine the probability of defects and the number of defects expected in a
Of 146 adults selected randomly from one town, 31 of them smoke. Construct a 99% confidence interval for the true percentage of all adults in the town that smoke.
We select a sample of 15 fares. What is the likelihood that the sample mean is between $17.00 and $20.00? What must you assume to make the above calculation?
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