18 Jun WHAT PERCENTAGE OF FLASHLIGHTS SOLD CAN THEY ANT
WHAT PERCENTAGE OF FLASHLIGHTS SOLD CAN THEY ANTICIPATE WILL BE RETURNED WITHIN TWO YEARS?
September 20, 2018Posted by: kajo No Comments
Production & Operations Management
Second Quiz
Answer all three Roman numeral questions I, II, III. Note that question II part c is optional
I. The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue.
If the managers believe the life of the flashlight follows a normal distribution with a mean of 2 years and a standard deviation of .5 years):
What percentage of flashlights sold can they anticipate will be returned within the first two years?
What percentage of flashlights sold can they anticipate will be returned within two years?
What percentage of flashlights sold can they anticipate will be returned between the first year and the third year?
The guidance system of a ship has three modules that must all function properly for the system to work. Two of the modules have reliability of .92, the other has a reliability of .99.
Compute the reliability of the system.
A backup system identical to the first will be added to the ship. The backup will be switched on automatically if the first system fails. Assuming that the switch to the backup works perfectly, what is the reliability of the ship’s guidance system now? Show your calculations.
Extra credit (10 points). This part is not required. Suppose the backup switch is only 91% reliable. What is your new (revised) answer for the question posed in part b. above? Show your calculations.
A producer can produce a product at a variable cost per unit of $7. The producer can sell the product for $12 each. If the fixed cost is $68,000
How many units must the producer sell to break-even?
What is revenue at 20,000 units? What is total cost at 20,000 units?
How many units must the producer sell in order to earn a profit of $66,000?
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.