How long should the company dishwashers be guaranteed

Assignment Help Mathematics

Reference no: EM13202290

Quality control studies for Dependable Dishwashers show the lifetime of a dishwasher follows a normal distribution with mean of 8 years and standard deviation of 1.2 years. The company will replace any dishwasher that fails during the guarantee period. How long should the company's dishwashers be guaranteed if the company wishes to replace no more than 2% of the dishwashers?

Reference no: EM13202290

Questions Cloud

Illustrate an initial equilibrium for the consumer : Suppose a consumer has an income of $1000 and faces prices Px = $5 and Py = $10. (a). Write the equation for this consumer's budget constraint. (b). Draw the budget constraint, placing Good X on the horizontal axis. Label it BC.

After how many seconds does the ball hit the ground : if a ball is thrown vertically upward at 30 m/s, then its approximate height in meters t seconds later is give by (h)t= 30t - 5t^2.

What is the expected interest rate cost of debt : What is the expected interest rate cost of debt? Internal common stock: Jones Industries has a beta of 1.39. The risk-free rate as measured by the rate on short-term US Treasury bill is 3 percent, and the expected return on the overall market is 1..

What is pats profit-maximizing output per hour : Pat's pizza is a prince taker. It has the following hourly costs: OUTPUT: (PIZZA PER HOUR): 0,1,2,3,4,5,6 TOTAL COST: (DOLLAR PER HOUR): 10,21,30,41,54,69,86a) If pizzas sell for $14, what is Pat's profit-maximizing output per hour What is her profit..

How long should the company dishwashers be guaranteed : How long should the company's dishwashers be guaranteed if the company wishes to replace no more than 2% of the dishwashers?

At what rate is the angle of elevation changing at this time : A plane is flying horizontally at an altitude of 3 kilometres and at a speed of 480 km/h passes directly above an observer on the ground. How fast is the distance between the observer and the plane increasing 30 seconds later? At what rate is the ..

For how many miles did he drive the truck : Omar rented a truck for one day. There was a base fee of , and there was an additional charge of cents for each mile driven. Omar had to pay when he returned the truck. For how many miles did he drive the truck?

Ratios and financial planning at east coast yachts : Create an inventory ratio calculated as inventory divided by current liabilities. How would you interpret this ratio? How does East Coast Yachts compare to the industry average for this ratio?

Determine the length of this rectangle in inches : a rectangle with a perimeter of 102 inches is half as wide as it is long.Write and solve an equation to determine the length of this rectangle in inches?

User Account

All Pages