A company that makes electronic components for tablet devices tested a large number of these components. They found that the average time to failure is 1/A = 5000 hours. What is the probability that a component will fail within 600 hours?
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- Please do not give solution in image format thanku Genjeteye, Inc. makes aircraft engines. The mean time to failure has been found to be 100,000 hours and is exponentially distributed. a) What is the failure rate, A, per hour? b) What is the cumulative probability of failure after 10,000 hours or fewer? Between 10,000 and 15,000 hours? c) If Genjeteye wishes to provide a warranty that no more than 5 percent of the units will fail, how many hours of operation without failure should the company guarantee?For each scenario suggest a control that could be used to reduce the risk. Entering negative values for order quantity in a sales order Selling to a customer with an overdue account Ordering from a non-existent supplier Paying for goods that have not been received Entering an alphanumeric customer ID when the business policy is for numeric customer IDs Misappropriation of goods by receiving staff, who also maintain inventory records Ordering too much of a product 8. You are required to list and explain three advantages of computer-executed control activities compared to manually executed control activities.1. Three hundred identical cathode ray tubes (CRTS) placed into service simultaneously on January 1, 1976, experienced the following numbers of failures through December 31, 1988: 1983 Year Number of failures 1984 1985 1986 1987 1988 13 19 16 34 21 38 Assume that there were no failures before 1983. a. Based on these data, estimate the cumulative distribution function (CDF) of a CRT chosen at random. Using the results of part (a), estimate the probability that a CRT chosen at random 13.1 Reliability of a Single Component 753 b. Lasts more than 5 years. c. Lasts more than 10 years. d. Lasts more than 12 years. e. That has survived for 10 years fails in the 11th year of operation.
- 17- According to a business plan for a startup, the break-even point was calculated at 12,000 units of sales. However, after launch, the average variable cost for the product has gone up. Which of the following is the effect on break-even point? Group of answer choices the effect on break-even point cannot be determined without more information the break-even point will remain the same the break-even point will be higher than 12,000 units the break-even point will be lower than 12,000 units 18- According to a business plan for a startup, the break-even point was calculated at 12,000 units of sales. However, after launch, the unit price for the product had to be lowered. Which of the following is the effect on break-even point? Group of answer choices the break-even point will remain the same the break-even point will be lower than 12,000 units the effect on break-even point cannot be determined without more information the break-even point will be higher than 12,000…Please do not give solution in image format thanku You have won two tickets to a Lady Gaga concert in Atlantic City. The concert is three days from now and you have to make travel arrangements. Calculate the reliability of each of the following options: Drive to Washington, DC, and take the bus to Atlantic City from there. Your car has a 79% chance of making it to DC. If it doesn’t make it to DC, you can hitchhike there with a 40% chance of success. The bus from Washington DC to Atlantic City has a 93% reliability.42. A large national producer of appliances has traced customer experience with a popular toaster oven. A survey of 5,000 customers who purchased the oven early in 2000 has revealed the following: nd ity Number of Year Breakdowns 2000 188 2001 58 2002 63 2003 72 2004 54 2005 71 a. Using these data, estimate på = the probability that a toaster oven fails in its kth year of operation, for k = 1, . . . , 6. b. What is the likelihood that a toaster oven will last at least six years without failure based on these data? c. The discrete failure rate function has the form r; = Pr/Rp–1, where Rỵ is the prob- ability that a unit survives through period k. Determine the failure rate function for the first five years of operation from the given data. d. Suppose that you purchased a toaster oven at the beginning of 2004 and it is still operating at the end of 2007. If the reliability has not changed appreciably from 2000 to 2007, use the results of part (c) to obtain the probability that it will…
- Camera / Specifications Nikon Kodak Pixpro D3400 Battery life (hours) 3 2. The Nikon D3400 battery life lasts as long as the Kodak Pixpro. Select one: O a. nearly O b. twice O c. three timesLab 2 AP Austin Peay State University CLARKSVILLE TENNESSEE College of Business MGT 5055 Expected Value & Perfect Information Learning Material: Please watch this video. Scenario: A tech startup is considering launching a new product. They can either invest heavily in a full-feature version of the product (High Investment), invest moderately in a basic version (Medium Investment), or decide not to invest at all (No Investment). The market's response to the new product is uncertain. The market could have a Strong response, a Moderate response, or a Weak response. The startup has conducted a preliminary survey, which gives probabilities for each market response. Data (Payoff Table in USD): Decision High Investment Medium Investment No Investment Strong Response Moderate Response Weak Response 1,500,000 400,000 -700,000 700,000 500,000 -200,000 10 0 0 Market Response Probabilities: • Strong Response: 0.3 Moderate Response: 0.5 • Weak Response: 0.2 Assignment Steps: 1. Expected Monetary…Three (3) computers together provide a replicated service. The manufacturers claim that each computer has a mean time between failure of five days; a failure typically takes four hours to fix. What is the availability of the replicated service?
- Germaine is researching the reliability of a car she’s thinking of buying.Which data source is most likely to provide reliable data? Question 3 options: An advertisement for the car. The manufacturer’s Web site. A review by a consumer group. Her cousin’s experience with his car of the same model.QUESTION Discovery in the RADAR model involves proactively trying to uncover ethical risk areas that could lead to misconduct TRUE OR FALSEA Hospital administered the SERVQUAL survey to its patients as an attempt to assess the healthcare services and to evaluate the customer satisfaction level. Which statement is True? Avg. Perception Avg. Expectation 3. Tangibles Reliability Empathy Responsiveness Assurance 17 3. There are gaps at the levels of tangibles and empathy There are gaps at the level of tangibles and reliability Customers are highly satisfied as employees are empathetic Customers are not satisfied since employees are not responsive