What is the probability that microtech will beat competition

Assignment Help Operation Management
Reference no: EM131751806

Competition for a new generation of computers is so intense that MicroTech has funded three separate design teams to create the new systems. Due to varying capabilities of the team members, it is estimated that team A has a 90% probability of coming up with an acceptable design before the competition, team B has an 80% chance, and team C has a 70% chance. What is the probability that MicroTech will beat the competition with its new computers?

Reference no: EM131751806

Questions Cloud

Explain the consumer protection law : Delores Bierlein paid a $200 deposit toward the rental of the Silver Room at Alex's Continental Inn for her wedding reception.
Example of situation in which control design : Provide an example of a situation in which "control design" can be effective but in practice those controls do not work "effectively".
Recover damages from the dealer for breach of warranty : An investigation revealed that the car needed a new engine, which the dealer refused to provide. Did Hensley recover damages from the dealer for breach of.
Emerging issues in hospitality and tourism industries : HAT304 Emerging Issues in Hospitality and Tourism Oral Presentation Assignment. Critically analysing current issues affecting Hospitality and Tourism Industries
What is the probability that microtech will beat competition : What is the probability that MicroTech will beat the competition with its new computers?
Describe the macromodel of the communication process : Discuss the differences between high involvement and low involvement. Describe the Macromodel of the Communication Process.
Improve your visibility while conducting a job search : What is the easiest way to improve your visibility while conducting a job search?
Possibility of hiring an additional repair person : Tasco Oil owns a pipeline booster unit that that operates continuously. The time between breakdowns for each booster is exponential with a mean of 20 hours.
Incremental salary and training cost associated with hiring : The incremental salary and training cost associated with hiring a new employee and training him/her to be a laptop specialist.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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