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Business, 17.12.2019 21:31 lilliankae9285
Ed was an independent owner of a chain of tv stores. he successfully got customers into his store by cutting his prices on widely advertised name-brand products in order to sell other products for which he received a bigger profit. when the manufacturers of three of the name-brand products discovered ed's actions, they agreed secretly to stop selling him their tvs. the three manufacturers
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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?
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Ed was an independent owner of a chain of tv stores. he successfully got customers into his store by...
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