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Sport utility vehicles (SUV), vans and pickups are generally considered to be more prone to roll over than cares. In 1997, 24.0% of all highway fatalities involved roll overs; 15.8% of all fatalities in 1997 involved SUVs, vans, and pickups, given that the fatality involved a rollover. Given that a rollover was not involved, 5.6% of all fatalities involved SUVs, vans, and pickups (data extracted from A. Wilde Mathews, "Ford Ranger, Chevy Tracker Tilt in Test, "The Wall Street Journa, July 14, 1999, p. A2). Consider the following definitions:A = fatality involved an SUV, Van, or pickupB = fatality involved a rollovera. Use Bayes' theorem to find the probability that a fatality involved a rollover, given that the fatality involved an SUV, a van, or a pickup.b. Compare the result in (a) to the probability that a fatality involved a rollover and comment on whether SUVs, Vans, and pickups are generally more prone to rollover accidents that other vehicles.
If bicycle sales are expected to reach 10,000 over the holiday shopping season, explain how many 26 inch bikes should Best Wheels plan to produce. Explain how many 10 speed bikes.
Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?
Considerable success has been achieved by companies practicing TQM. What are the major hurdles to continuing quality improvements that manufactures
As a manager you will be asked to lead change efforts in your organization. Change management intensifies the need to understand a range of factors, especially diversity of people which takes into account But a global economy a range of interests
The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period.
With the semester almost over, Jan plans on taking a 3-month summer vacation to England and doesn't want to leave any unfinished posters behind. Find the integer solution that will maximize her profit.
Illustrate what are the problems in scheduling work in a assembly line production covering automatic batch manufacturing. Compare with flexible manufacturing system.
emove the data related to the out-of-control points you observed from the original data also re compute a new X-Bar-Bar, R-Bar also associated control limits. Elucidate how the two sets of Control Charts are different. Illustrate what has changed.
Pepsi uses six-sigma technique to evaluate whether its 15 oz Gatorade has consistent weight. Pepsi took a sampling of 1000 15 oz Gatorade and found out that the average weight was 15.12 oz with a standard deviation of 0.3 oz. Pepsi considers a to..
Calculate the banks excess reserves. Suppose that the bank sells $5 million in securities to get new cash. Show the bank's balance sheet after this transaction.
Illustrate what is the Disney Difference also Elucidate how will it affect the organizations corporate, competitive also functional strategies.
A fast food franchise tracked the number of errors that occurred in customers' orders. These included wrong menu item, wrong size drink, lack of condiments,
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