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Assume NASA is concerned about the reliability level of a new untested system for use on Mars. Based on past experience they believe there is a 75% chance that the system's reliability is Rl = 0.9, a 15% chance it is R2 = 0.75 and a 10% chance it is R3 = 0.6. Assume the system is tested three times on Mars and it operates successfully each time. Determine the probabilities that the reliability level is R1, R2, and/or R3. How does your answer change if it is tested a fourth time and fails?
An employee involved in a serious work accident who refuses to take an immunoassay test based on her belief in the right to privacy h) The recommendation of the union that management be given the same tests as workers.
explain why it is important to know the basic building components systems and the order in which they are constructed
Evaluate how alternative multilateral systems for pegging exchange rates work. Explain how the goals of internal and external balance motivate economic policy makers in open economies.
Examine the circumstances that resulted in the merger or acquisition for the selected company. Speculate on two (2) reasons why the resulting decision to merge or to acquire / be acquired was made.
As a CEO, you are trying to acquire a foreign firm. The size of your firm will be double and it will become the largest in your industry. What does your firm do and what does the foreign firm you are trying to acquire do?
Illustrate what is number of orders per year if manager uses current order quantity of 1600. Also illustrate what is number of orders per year if manager uses Economic Order Quantity.
The manager has assigned an annual carrying cost of 35% of the purchase price per crate. Ordering costs are $28. Currently the manager orders once per month.If the order lead-time is two weeks (ie 0.5 month) what is the re-order point?
You work for a health system that has 14 hospitals and 32 outpatient clinics. You will be responsible for working with a team of health professionals to track clinical errors, compile reports, establish best practices, and collaborate to provide trai..
Create a vision and mission statement to fit this company. Annie Oakley owns a specialty rifle manufacturing company, ANNIE”S BABIES. She designs rifles to fit the specific requirements of the individual. Her rifles range in price from $2500 to her m..
The production manager advises the manufacturer that the factory should go for manufacturing instead of procuring them from the open market.
Assume you work for a New Zealand company exporting a container of kiwis to Azerbaijan. The customs official informs you that there is a delay in clearing your container through customs and it may last a month
The opening scenario presented the true story of a man who paid a great deal of money for Plymouth Prowler. Do you agree with the court’s decision to award him nearly $30,000 in damages? Or do you agree with the Devil’s Advocate feature and think tha..
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