This topic contains a solution. Click here to go to the answer

Author Question: For the multiperiod production scheduling problem in the textbook, period n - 1's ending inventory ... (Read 193 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
For the multiperiod production scheduling problem in the textbook, period n - 1's ending inventory variable was also used as period n's beginning inventory variable.
  Indicate whether the statement is true or false

Question 2

A carpet company advertises that it will deliver your carpet within 15 days of purchase. A sample of 49 past customers is taken. The average delivery time in the sample was 16.2 days. Assume the population standard deviation is known to be 5.6 days.
 a. State the null and alternative hypotheses.
  b. Using a critical value, test the null hypothesis at the 5 level of significance.
  c. Using a p-value, test the hypothesis at the 5 level of significance.
  d. What type of error may have been committed for this hypothesis test?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

T

Answer to Question 2

a. H0:   15
Ha:  > 15
b. Do not reject H0, 1.5 < 1.645 . There is not sufficient evidence at  = .05 to conclude that the average delivery time is more than what is advertised

c. Do not reject H0, .0668 > 0.05 (same conclusion as part b)
d. A Type II error may have been committed since we did not reject H0.




Sportsfan2111

  • Member
  • Posts: 585
Reply 2 on: Jun 24, 2018
Excellent


nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library