Imagine you own a lawn-mowing business. identify the main function of money exhibited in each situation below. a. you swipe your debit card to purchase gasoline for your lawn mower: . b. you stuff your earnings from mowing lawns into a piggy bank: . c. you pay your friend cornelius $5 to you mow lawns: . d. you calculate your net earnings for the year on your tax return: . e. you determine how much value your new lawn mower has added to your business: .

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?