Provide guidelines to potential customers

Assignment Help Business Economics
Reference no: EM133079846

The manufacturer of a laser printer reports the mean number of pages a cartridge will print before it needs replacing is 10,300. The distribution of pages printed per cartridge closely follows the normal probability distribution and the standard deviation is 580 pages. The manufacturer wants to provide guidelines to potential customers as to how long they can expect a cartridge to last. Refer to the table in Appendix B.1.

How many pages should the manufacturer advertise for each cartridge if it wants to be correct 95 percent of the time? (Round z-value to 2 decimal places and the final answer to the nearest whole number.)

Reference no: EM133079846

Questions Cloud

What dollar sales volume is currently required : Assuming an income tax rate of 20 percent, what dollar sales volume is currently required to obtain an after-tax profit of $4,000
Discuss the significance of ferguson effect : Discuss the significance of the "Ferguson Effect" that resulted from this case and what consequences it may have on law enforcement going forward.
Effects of community-oriented-policing : Assume that you continue to study the effects of Community-Oriented-Policing. Find the following article in "Galileo:"
Record all the necessary journal entries : The fair value of the options was determined at $250,000. Record all the necessary journal entries related to the stock option plan from 2014 through 2018
Provide guidelines to potential customers : The manufacturer of a laser printer reports the mean number of pages a cartridge will print before it needs replacing is 10,300.
Development of current policing : South Africa consistently struggles with some of the highest rates of violent crime, including homicide and sexual assault, in the world.
Compute the level of emission reduction per : Two firms can control pollution with the following marginal costs of pollution reduction:
Implementation affect the social security administration : Explain how it works and how would its implementation affect the Social Security Administration?
Annual average pay in five major industries : One of the biggest decisions most of us have to make is which industry to look for work. Compensation matters, but it also matters whether pay is rising

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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