Which of the plants prefer to manage

Assignment Help Basic Statistics
Reference no: EM13151560

You have been offered a position as General Manager of a television manufacturing facility by the XYZ Corporation. You have a choice of accepting the position at either of their two facilities: Plant A or Plant B. At the present time both plants are satisfying their demand for a particular TV -- the recently introduced model FX32 -- by providing 3,200 sets per day on average. However, Plant A has a standard deviation of 50 model FX32's per day and Plant B has a standard deviation of 150 model FX32's per day. Which of the plants would you prefer to manage? Explain why you would prefer that particular plant.

Reference no: EM13151560

Questions Cloud

Growth rate of the economy in the future : Economists generally agree that high budget deficits today will reduce the growth rate of the economy in the future
Explain the concept of separation of germline and soma : Explain the concept of separation of germline and soma (2). Explain how this concept changed our understanding of the evolutionary significance of the inheritance of acquired characteristics (3).
How much heat (in kj) is required : how much heat (in KJ) is required to warm 10g of ice, initially at -10 degree celsius, to steam 110 degree celsius?
Treasury stock transactions problem : Prepare journal entries (1, 2, and 4) and show proper disclosure (3) to reflect the following treasury stock transactions showing how each is accounted for under the cost method. (Show computations.)
Which of the plants prefer to manage : Plant B has a standard deviation of 150 model FX32's per day. Which of the plants would you prefer to manage? Explain why you would prefer that particular plant.
How many genes resulting in short tails are represented : You have four colonies of mice that are independent of each other. Each has a true-breeding mutation resulting in a short tail. For each colony, the short tail phenotype is recessive to the wild-type long-tail phenotype.
What is the pressure in the tank : 10.0 L gas cylinder is filled with 5.20 moles of gas. The tank is stored at 1 C. What is the pressure in the tank?
Explain sodium acetate and diluting the mixture : What is the pH of a solution prepared by mixing 200 ml of 0.1 M HCl with 300 ml of 0.1 M sodium acetate and diluting the mixture to 1 L?
Does the law of average relate to the answer : 20 turn out to be over 65 inches tall, you get $20. Which is better: a sample of size 100 or a sample of size of 1,000? Choose one and explain. Does the law of average relate to the answer you give?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING 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