Machine indicates to be defective is in fact satisfactory

Assignment Help Operation Management
Reference no: EM131435776

A machine to detect improper welds in a fabricating shop detects 80 percentage of all improper welds but it also incorrectly indicates an improper weld on 5 percentage of satisfactory welds. Past experience indicates that 10 percentage of all welds are improper. What is the probability that a weld which the machine indicates to be defective is in fact satisfactory?

Reference no: EM131435776

Questions Cloud

What are some of the factors driving the disparity in income : Are the salaries received by professional sports athletes outrageously high? Should the CEO's of financial institutions receive more monetary compensations than entertainers, since their jobs contribute more to the development of the country? What ar..
Describe the current health care environment : Describe the current health care environment in the United States from both the health care administrator and the patient perspective. What are some recent changes in legislation and how does this change influence the way that an administrator would ..
Forecasting with multiple regression models : What are some of the issues relevant to forecasting with multiple regression models? Just because a multiple regression model is statistically significant, does that mean it will do a good job forecasting? Because we are now dealing with a statistica..
Explain relationship between rbv assumptions and value chain : What is an example of a Type I error? Say that the null hypothesis is that there is no difference in the efficacy of a new drug and a placebo? Discuss which groups may benefit from this approach and which groups would benefit from the completion of t..
Machine indicates to be defective is in fact satisfactory : A machine to detect improper welds in a fabricating shop detects 80 percentage of all improper welds but it also incorrectly indicates an improper weld on 5 percentage of satisfactory welds. Past experience indicates that 10 percentage of all welds a..
True of the value-in-use pricing method : Which of the following is true of the value-in-use pricing method? The product price is set to provide customers with an attractive savings after considering the life-cycle costs of the product. The cost of making a product and the desired profit mar..
Service requirements tend to be more time dependent : Compared to manufacturing, service requirements tend to be more time dependent, location dependent, and volatile. In addition, service quality is often directly observable by customers. Find a recent article in a business magazine that describes how ..
Most important factors regarding initial selection methods : Identify and analyze the most important factors regarding initial selection methods; and how effective are these methods. Assess the reliability and validity of these methods; and validity of these methods; determine what tools are are available to h..
Assume the inter-arrival rate for incoming calls : Assume the inter-arrival rate for incoming calls during a 1-hour period is 11.0476 minutes. The average service tie on each call is 3 minutes. If there is only one phone operating during the 1-hour period, how busy would the phone be? Also, assume th..

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what are the support also resources required

Illustrate what are the support also resources required from senior management to implement marketing plan.

  Market for video game consoles

During 2007-2009, the Nintendo Wii established leadership over the Sony PS3 and Microsoft Xbox 360 in the market for video game consoles. Unlike Sony and Microsoft, Nintendo is completely dependent upon the video games industry for its revenues. How ..

  Article on project risk management

Do you find one rule to be more important than any other? Explain why. Search the Internet for other articles project risk management. Summarize the findings.

  What are the 2 sigma upper and lower control limits

From this sample, an average of 10 students failed the course. What are the 2 sigma upper and lower control limits for the chart?

  Causing a massive mudslide

Officials feared that, even if the volcano did not erupt, part of the crater's rim might collapse, causing a massive mudslide.

  Conduct a resource-based analysis of historical strengths

Conduct a resource-based analysis of some of Best Buy’s historical strengths. In order to do this, identify at least three resources or capabilities and use the VRINE model to analyze them. Provide justifications for your conclusions and use appropri..

  How does type of inventory impact forecasting

How does type of inventory impact forecasting? Cite examples from two diverse organizations. Explain the relationships among supply, demand, and logistics management. Explain the role of forecasting in managing supply as it relates to quality, produc..

  Using a simple random sampling procedure

A consultant had administered a questionnaire to some 285 employees using a simple random sampling procedure. As she looked at the responses, she suspected that two questions might not have been clear to the respondents. She would like to know if her..

  Discuss its importance to the business

Discuss its importance to the business. Discuss how the botom-up (WBS-based formula ) for the same estimate might disagree and what that means.

  Formulate a linear programming model-snow removal

The Weemow Lawn Service wants to start doing snow removal in the winter when there are no lawns to maintain. Jeff and Julie Weems, who own the service, are trying to determine how much equipment they need to purchase, based on the various job types t..

  When applied to non-management employees

When applied to non-management employees, which of these has a relatively WEAK connection between the reward and individual effort?

  What is the problem with standard mark-up pricing

What is the problem with standard mark-up pricing? How do buyers and sellers lose from this type of pricing strategy? What is the advantage to selling your product at only one price? What makes it difficult to sell at different prices to different se..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd