Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Frank's machine shop operates 250 days per year. Frank sells 5,000 units per year of his most popular item, a specialty gear. The setup cost for this gear is $100 and the monthly unit cost of holding inventory is 1% of the production cost per unit, which is $50. The lead time is 10 days. When the gear is being produced, the shop can make 80 gears per day (Hint: You should use the production model for inventory management).
1) How many gears should be produced in each run at what minimum cost?
2) What is the cycle time?
3) Find the reorder point.
4) Draw a graph to depict inventory level against time and show on it the quantities found above. Also, what is the maximum inventory level.
Compute the probability of receiving three calls in a 5-minute interval of time. Compute the probability of receiving exactly 10 calls in 15 minutes.
Assuming that = 119.5 ng.ml, test the claim that the mean cotinine level of all smokers is equal to 200.0 ng/ml. Use a 0.05 significance level.
The winning team's scores in 9 high school basketball games were recorded. If the sample mean is 9.8 points and the sample standard deviation is 0.15 points, find the 98% confidence interval of the true mean.
What is the probability that the 100 randomly selected mangoes have a mean weight less than 14 ounces?
What is the best estimate of the average tread life for the entire population of these tires?
Random sample of 85 group leaders, spent 6.5 years on job before being promoted standard deviation of sample was 1.7 years create 95 percent confience interval.
Do you support Bob's claim that citizens in his area spend more than $75 per year? Explain why or why not. Find a 95% confidence interval for the true mean amount that citizens spend per year.
Choose three peer C-reviewed research articles and write a short review of each of them that includes the following: Write the problem statement. Name the theoretical model used or briefly describe the overall conceptual model.
The mean number of cups was 5 with a standard deviation of 1.5 cups. The distribution was normal. What proportion of students drank 7 or more cups of coffee per day?
A certain airplane has two independent alternators to provide electrical power. The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that (a) both will fail? (b) Neither will fail? (2) One or the other ..
The article should include a margin of error and confidence interval. Discuss the subject matter in the article, and interpret the results and what the confidence interval and margin of error mean as they apply to the specific subject matter.
For a sample of 11 independent observations from a normal distribution of unknown μ and unknown variance σ 2 , the sample mean is 74.6 and sample variance is 2.2. What is the lower point of the 90% confidence interval for μ?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd