This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The risk of a stockout is the complement of a. the service level b. the chance of using safety ... (Read 72 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 24, 2018
The risk of a stockout is the complement of
 a. the service level
 b. the chance of using safety stock
 c. the chance of underestimating demand
  d. the risk of a planned shortage

Question 2

Two percent of the parts produced by a machine are defective. Twenty parts are selected at random. Use the binomial probability tables to answer the following questions.
 a. What is the probability that exactly 3 parts will be defective?
  b. What is the probability that the number of defective parts will be more than 2 but fewer than 6?
  c. What is the probability that fewer than 4 parts will be defective?
  d. What is the expected number of defective parts?
  e. What is the variance for the number of defective parts?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

a. 0.0065
b. 0.0071
c. 0.9974
d. 0.4
e. 0.392


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jun 24, 2018
:D TYSM

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Wearing safety equipment is essential at all ages Wearing safety equipment is essential at all ages
CHD Risk Factors CHD Risk Factors
Level II HCPCs Codes Cont. Level II HCPCs Codes Cont.
Vacutainer brand safety lock needle holder. Vacutainer brand safety lock needle holder.
Control of blood glucose level. Control of blood glucose level.
Relative lifetime risk of schizophrenia Relative lifetime risk of schizophrenia
Video: Passive Smoke Exposure

For a complete list of videos, visit our video library