Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A product is composed of four parts. In order for the product to function properly in a given situation, each of the parts must function. Two of the parts have a 0.85 probability of functioning, and two have a probability of 0.98.

What is the overall probability that the product will function properly? (Round your answer to 4 decimal places.)

Probability

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92445107

Have any Question?


Related Questions in Operation Management

1 management- what core values should well performing

1. Management- What core values should well performing project managers employ? How do these characteristics add value to a project and which attributes should managers avoid when leading a team? 2. Risk- How does risk i ...

A small firm has developed a new machine to manufacture

A small firm has developed a new machine to manufacture steel canisters. The machine is a considerable improvement over the ones currently available in the market in terms of size and noise suppression. If the company’s ...

1 evaluate the performance of the ceo of kroger from the

1. Evaluate the performance of the CEO of Kroger from the perspective of (a) stockholders, (b) employees, (c) customers and (d) suppliers. what does this evaluation tell you about the ability of the CEO and the prioritie ...

Discuss the importance of subcultural segmentation to

Discuss the importance of subcultural segmentation to marketers of food products. (i.e. what are some subcultures that you think may be relevant in this context; provide examples, either from personal experience or marke ...

The annual demand for a product is 14500 units the weekly

The annual demand for a product is 14,500 units. The weekly demand is 279 units with a standard deviation of 85 units. The cost to place an order is $32.00, and the time from ordering to receipt is six weeks. The annual ...

The term economy of scale refers to which of the

The term economy of scale refers to which of the following? The marketing concept was a paradigm shift that involved What startup business of the 1960s used flatter organizational structure, improved customer service, an ...

1 how valid do you think the marketing concept is as a key

1) How valid do you think the "marketing concept" is as a key to business success? Do you buy Pride and Ferrel's argument? 2) Does the "marketing concept" have any application to an individual's life? How can it be a key ...

Srvices pricing and distribution chapters 14-18

Services, Pricing and Distribution (Chapters 14-18) (TurboTax) Q1. Discuss possible sources of new product ideas. (Ch. 15) (TurboTax) Q2. Discuss the firm's new product screening process. (Ch. 15) (TurboTax) Q3. Discuss ...

1 true or false capital budgeting focuses on the sale of

1. True or False? Capital budgeting focuses on the sale of capital by incorporated hospitality companies. a) True b) False 2. Cash flow considerations in capital budgeting include which of the following? a) The initial c ...

Information security activities often create tension

Information security activities often create tension between the desire of users to engage in a particular activity and the need to secure the information assets of an organization. If business stakeholders and the broad ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As