What warranty period would correspond to a failure rate

Assignment Help Operation Management
Reference no: EM131900303

Question: A widget manufacturer is attempting to determine a reasonable warranty period. Testing has shown that the widgets have an expected life of 30 months, distributed exponentially.

a. If the warranty is for the expected life of the widget, what percentage would be expected to fail?

b. What warranty period would correspond to a failure rate of 10%?

Reference no: EM131900303

Questions Cloud

What will be the carrying value of the bond on december : Using the effective-Interest amortization, what will be the carrying value of the bond on Dec. 31, 2012
What were the points of failure in the given incident : WestJet apologized to Air Canada on Monday and will pay $15.5 million to settle a lawsuit over a case of corporate espionage.
Analyze and evaluate the two most salient trends : Please analyze and evaluate the two most salient trends impacting the business operations and/or administration.
What are the struggles managers would go through dealing : Within the 3 simulations (BackBay Batteries- which dealt with R&D decision making, Working Capital- which dealt with managing growth, and Balanced Score.
What warranty period would correspond to a failure rate : A widget manufacturer is attempting to determine a reasonable warranty period. Testing has shown that the widgets have an expected life of 30 months.
Civilizations in both subject and style : How do artworks from the Paleolithic, Neolithic, and cultures from the Ancient Near East reflect the cultural beliefs of these civilizations in both subject
Discuss about the ebook cannibalizing sales : With the widespread use of e-books, such as Amazon.com's Kindle, book publishers are faced with a tough channel decision: should they introduce the conventional
How much cash can lara company expect to collect in november : How much cash can Lara Company expect to collect in November as a result of current and past credit sales?
Reach the cape of good hope : History has it that there was this explorer who was the first to reach the Cape of Good Hope. Please clarify

Reviews

Write a Review

Operation Management Questions & Answers

  Compute a three week moving average forecast

The numbers of patient arrivals to the ER department at a local hospital for the past 5 weeks are: week: 1 , 2 , 3 , 4 , 5 arrivals: 405 ,420 , 400 , 380 , 411

  Integrating marketing communications

Please read the journal publication, "Integrating Marketing Communications: New Findings, New Lessons, and New Ideas."

  History of the company and the culture of the company

Look up this company, New Standard (York, PA) (first site on google if you type the name in) and look up the industry of metal fabrication and write a page or 2 of an introduction of the company (New Standard), the history of the company, and the cul..

  Advertising toward sales promotional activities by marketers

In recent years, there has been a shift from advertising toward sales promotional activities by marketers.

  The effect of the internet on the product lifecycle

What has been the effect of the Internet on the product lifecycle? What particular stage of the product lifecycle has been most affected by Internet technology

  Managers from hiring people with disabilites

Assume that you're the staffing manager in an organization that informally but strongly, discrouages you and other managers from hiring people with disabilites. What is your ethical assessment of the organization's stance? Do you habe any ethical obl..

  Corporations relative to partnerships-sole proprietorships

Which of the following is an advantage of corporations relative to partnerships and sole proprietorships?

  Using three computerized numerical controlled

The Elon company manufacturer’s parts for an aircraft company using three computerized numerical controlled (CNC) turning centers. The company wants to decide which machines are capable of producing a specific part with design specifications of 0.097..

  Describes the current trends in corporate governance

Which of the following statements best describes the current trends in corporate governance?

  Knowledge of safety management systems

Based on your perception and knowledge of Safety Management Systems,

  Describe what it is you would be doing on daily bases

If I had all the money I could ever need or want, what would I love to do even if I did not get paid to do it? No professional Titles.

  What do ghost procedures and training have in common

What is the value of predictive data analysis to market researchers? What do ghost procedures and training have in common?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd