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Problem 1 -
An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip, which has a failure rate of one in every 15 hours of operation; and its battery, which has a failure rate of one in every 20 hours of operation. Assuming that a new battery has just been installed, what is the probability that the LAPTOP will perform reliably during a 3 hour exam?
Problem 2 -
An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip, which has a failure rate of one in every 30 hours of operation; and its battery, which has a failure rate of one in every 40 hours of operation. Assuming that a new battery has just been installed and the student brings one spare, fully charged battery with him, what is the probability that the LAPTOP will perform reliably during a 2 hour exam?
Problem 3 -
An undergraduate business student has purchased a laptop computer for use during the upcoming semester. This laptop is very reliable, but she is concerned that the battery will wear out before the end of the semester. According to the Manufacturer, on average the battery will wear out in 140 hours, with a standard deviation of 6 hours. After looking at her course schedule, she anticipates 146 hours of time will be needed working on the laptop. What is the probability that the battery will last this amount of time or longer?
Identify the variables for which you would need values to be able to calculate an actual forecast for a future month (using the forecasting method you selected).
Review the unique challenges companies face in new product development. Evaluate how these challenges impact the traditional new product process
Find out average time in the waiting line. Find out average time in the system. Find out probability which there is one person waiting. Find out probability an arrival will have to wait.
Utilitarianism claims free and competitive markets can help maximize the overall good. In your own words, do you believe that a free and competitive market should determine the success of a product or service
A student is considering the purchase of two alternative cars. Car A initial costs $1,500 more than Car B, but uses 0.05 gallons per mile, versus 0.07 gallons per mile for Car B
The financial performance of any business depends on a number of factors. Other than the strategy in e-activity, explain in detail how two other factors specific to this MCDonald's might make
A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data: YEAR ATTENDANCE Four years ago 10,000 Three years ago 12,000 Two years ago 18,000 Last year 20,000
Analyze reliability of computer-driven shoe machines process in Shuz world Shanghai plant.
Elucidate however, there is not enough money for a full-blown, cross-functional enterprise application, also you will need to limit first step to a single functional area or constituency. Illustrate what will you choose, also why.
Illustrate what are other non-law enforcement organizations that we look to for protection? Explain how do they also "protect and serve" and explain how do they differ from law enforcement AND private security.
There is no word limit or count. Illustrate what type of functional and perceptual benefits do labelling and packaging give to consume.
What is the optimal order quantity (select the closest number) ? From the previous problem, what is the total annual inventory cost of your policy (select the closest number)?
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