Question

3. A consumer electronic company, B & B, is manufacturing a new product with 5000 electrical components. Its supplier provide
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hi! Welcome to Chegg!

3.

Ans:

Quality level of each single component = 99.99%.

Total components = 5000.

Since quality of each and every component is independent to each other, quality of level of product is:

(0.9999)^{5000}=0.6065

or 60.65%.

Since quality level for whole product is significantly lower than each component, market response won't be strong.

If you are satisfied with the answer, please provide a positive rating. Feel free to comment in case of queries.

Have a nice day ahead!

Add a comment
Know the answer?
Add Answer to:
3. A consumer electronic company, B & B, is manufacturing a new product with 5000 electrical...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Benson Manufacturing is considering ordering electronic components from three different suppliers. The suppliers may differ in...

    Benson Manufacturing is considering ordering electronic components from three different suppliers. The suppliers may differ in terms of quality in that the proportion or percentage of defective components may differ among the suppliers. To evaluate the proportion defective components for the suppliers, Benson has requested a sample shipment of 500 components from each supplier. The number of defective components and the number of good components found in each shipment is as follows. Supplier Component 10 35 Good 490 465 455...

  • A manufacturing company is launching a new consumer product. The manufacturing company is considering taking out...

    A manufacturing company is launching a new consumer product. The manufacturing company is considering taking out an insurance policy to cover possible losses incurred by marketing the new product. If the product is a complete failure, the manufacturing company will incur a loss of $80,000. If the product is only moderately successful, the manufacturing company's loss is estimated to be $25,000. At the insurance company, insurance actuaries have determined that the chances that the product would be a complete failure...

  • Your company manufactures a product at low cost by using commercial components (that are inexpensive), maintaining...

    Your company manufactures a product at low cost by using commercial components (that are inexpensive), maintaining quality of output by selecting only a subset of the purchased components which meet specification. For a particular component, your current supplier has a proven track record that the delivered product is acceptable 64% of the time. Your company is evaluating a possible new supplier, and you are asked to evaluate the possibility of switching. You test n=30 of the products from the new...

  • Benson Manufacturing is considering ordering electronic components from three different suppliers. The suppliers may differ in...

    Benson Manufacturing is considering ordering electronic components from three different suppliers. The suppliers may differ in terms of quality in that the proportion or percentage of defective components may differ among the suppliers. To evaluate the proportion defective components for the suppliers, Benson has requested a sample shipment of 500 components from each supplier. The number of defective components and the number of good components found in each shipment is as follows. Supplier Component Defective Good 10 25 50 490...

  • Benson Manufacturing is considering ordering electronic components from three different suppliers...

    Benson Manufacturing is considering ordering electronic components from three different suppliers. The suppliers may differ in terms of quality in that the proportion or percentage of defective components may differ among the suppliers. To evaluate the proportion defective components for the suppliers, Benson has requested a sample shipment of 500 components from each supplier. The number of defective components and the number of good components found in each shipment is as follows. Supplier Component A B C Defective 15 35...

  • Epsilon Manufacturing Company makes a specialized electronic product used in the automotive industry. This product has...

    Epsilon Manufacturing Company makes a specialized electronic product used in the automotive industry. This product has four components, each of which could be defective. So the total number of defects of this product can be 0, 1, 2, 3, or 4. The following table provides the probabilities of the number of defects: Number of defects         Probability   0                                                                  .508   1                                                                  .302   2                                                                  .105   3                                                                  .080   4                                                                  .005 The variance of the number of defects is _______. a. .89 b. .90 c. .91 d. .92 e. .93

  • ABC was a medium-sized Hong Kong-based company with two manufacturing plants in China, one in Dongguan...

    ABC was a medium-sized Hong Kong-based company with two manufacturing plants in China, one in Dongguan and the other in Shanghai with employees of 3,000. The company was manufacturing micro-were ovens in three different product lines including oven-P, oven-Q & oven-R series.While P & Q models were for its domestic customers, R models were designed for its overseas clients. The three product lines were targeting at difference market segments. 40% of their components were nevertheless shared among the three product...

  • The Doan Modianos Manufacturing Company is putting out seven new electronic components. Each of Modianos' eight...

    The Doan Modianos Manufacturing Company is putting out seven new electronic components. Each of Modianos' eight plants has the capacity to add one more product to its current line of electronic parts. The unit manufacturing costs for producing the different parts at the eight plants are shown in the accompanying table How should Modianos assign the new products to the plants in order to minimize manufacturing costs? Plants Electronic Components C53 C81 D5 D44 E2 E35 G99 4 $0.10 $0.12...

  • Benson Manufacturing is considering ordering electronic camponents from three diferent suppliers. The suppliers may ditter in...

    Benson Manufacturing is considering ordering electronic camponents from three diferent suppliers. The suppliers may ditter in terms of quality in that the proportion or percentage of defective components may aifer among the supplilers. To evaluate the proporticn delective comporents fer the supplilers,Benson has requested a sample shipment of 5DD components from each suppler. The number of defective components and the number of good compcnents found in each shipment is as folaws Supplier Component Good 430 470 455 a. Fomuiane the...

  • ABC was a medium-sized Hong Kong-based company with two manufacturing plants in China, one in Dongguan...

    ABC was a medium-sized Hong Kong-based company with two manufacturing plants in China, one in Dongguan and the other in Shanghai with employees of 3,000. The company was manufacturing micro-were ovens in three different product lines including oven-P, oven-Q & oven-R series.While P & Q models were for its domestic customers, R models were designed for its overseas clients. The three product lines were targeting at difference market segments. 40% of their components were nevertheless shared among the three product...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT