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A metropolitan school system consists of three districts north, south, and central. The north dis-trict contains 25% of all students, the south district contains 40%, and the central district contains 35%. A minimum-competency test was given to all students; 10% of the north district students failed, 15% of the south district students failed, and 5% of the central district students failed.
a. Develop a probability tree showing all marginal, conditional, and joint probabilities.
b. Develop a joint probability table.
c. What is the probability that a student selected at random failed the test?
What is the best production order quantity? in units
Discuss Supply Chain Profession and Advise moving forward. The initial post must be at least 250 words, APA format, include in text citations and a reference list. At the end of paper include a question for other students to answer/ponder.
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Then determine the cost to the bank (in lost interest) for each hour that a check spends waiting for and undergoing processing. Assuming that interarrival times and service times are exponential, which machine should the bank rent?
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Determine whether benchmarking would be useful for improving the quality of the product.
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