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5. Xelia decides to diversify its product portfolio by introducing 4 different versions of its control systems that will replace the current one. The company expects the total annual demand of 2000 to remain the same but to be now equally divided among the four versions. Xelia expects to charge higher prices for the newer versions. If production of these four versions is carried in a strictly cyclic fashion, what is the optimal number of units of each version Xelia should produce in each cycle? What is the new total cost? In order to justify the introduction of these new versions, what should be the minimum increase in the price of each unit? Assume production and setup costs are the same as those in question a) and equal for all products.
Suppose a simple random sample of size n = 34 is obtained from a population with μ = 30 and σ = 4. Is the sampling distribution of x approximately normal.
Select a method for graphically representing the provided date Use the method to create a graph analyze the date and provide a narrative description of my analysis.
Students in the capstone business policy class are assigned to teams of three. In how many different ways could a team contain exactly one student from each concentration?
If they must form an ethics subcommittee of 4 members, how many different subcommittees are possible?
The East Coast researcher decides to construct a two-sided 99% confidence interval. Which researcher will have the more precise estimate?
Using a significance level of 0.05, can we conclude from this information that the course is successful in improving individuals' knowledge of Web page design?
Find out the upper and lower bounds on average life expectancy of the Canadian women such that at least 90% of all population is included.
Assume the likelihood that any flight on Northwest Airlines arrives within 15 minutes of the scheduled time is .90. We select four flights from yesterday for study.
There are two telephone lines A and B. Let E1 be the event that line A is being used and E2 be the event that line B is being used
How should he go about taking samples to gather data for testing the hypotheses?
To determine monthly rental prices of apartment units in San Francisco Bay area, samples were constructed in the following ways. Identify the technique used to produce each sample. (cluster, convenience, random, stratified, systematic):
Your company asks you to compare a new advertising campaign and the old one. Sample data on the accounts as follows:
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