Explain the probability that the second item is defective, Operation Management

Assignment Help:

A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, what is the probability that the second item will be defective?


Related Discussions:- Explain the probability that the second item is defective

Explain intangible services are perishable services, Which of the following...

Which of the following is not a characteristic that distinguishes services from goods? Service jobs are unskilled A service is intangible Services are perishable Services are heter

Economics, Economics issues and operation research solutions

Economics issues and operation research solutions

Partial factor and total factor productivity, Consider - a small manufactur...

Consider - a small manufacturing company which produces high quality furniture has provided the following data:                                                                 2

Explain what is the bonds'' coupon rate, Metal Fabricators just issued $1,0...

Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' c

Explain how would you measure customer profitability, How would you measure...

How would you measure customer profitability? What approach would you use in maximizing customer lifetime value? Explain

Explain what is the percentage increase in productivity, Lake Charles Seafo...

Lake Charles Seafood makes 500 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to operate three

Explain service quality addresses, 1. Can some please help me with these f...

1. Can some please help me with these fill in's? I am not sure I have the right answers One Way to identidy goals is to identify best practices through a process known as________

Describe strategic management concepts and cases, Threadless (in Strategy H...

Threadless (in Strategy Highlight 1.1) is an example of a firm building on its customer base to use new products and also to participate in the design and vetting of popular design

Explain and discuss managerial skills, 1. What are the four functions of ma...

1. What are the four functions of management? Define them. How do these functions relate to the goals of an organization? What is the relationship of efficiency and effectiveness t

Explain the market is nonexpendable, A company's sales potential would be e...

A company's sales potential would be equal to market potential when which situations exists? a. Industry marketing expenditures approach infinity for a given marketing env

Write Your Message!

Captcha
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