Question

A manufacturer of laptop computers offers a one-year warranty. If the laptop computer fails for any...

A manufacturer of laptop computers offers a one-year warranty. If the laptop computer fails for any reason during this period, it is replaced. The length of satisfactory service (years) is a random variable having the probability density function f(x)=1/5.0 e^(-x⁄5.0) x>0 What percentage of the laptops will fail within the warranty period? Find the probability that one of these laptops will provide satisfactory service for up to 2 years. The manufacturing cost of a laptop computer is $100, and the profit per sale is $300. What is the effect of warranty replacement on profit? Calculate the mean life-time of the laptops.

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A manufacturer of laptop computers offers a one-year warranty. If the laptop computer fails for any...
A manufacturer of laptop computers offers a one-year warranty. If the laptop computer fails for any reason during this period, it is replaced. The length of satisfactory service (years) is a random variable having the probability density function fx=13.0e-x3.0 x>0 What percentage of the laptops will fail within the warranty period? Find the probability that one of these laptops will provide satisfactory service for up to 2 years. The manufacturing cost of a laptop computer is $100, and the profit...
A manufacturer of laptop computers offers a one-year warranty. If the laptop computer fails for any...
A manufacturer of laptop computers offers a one-year warranty. If the laptop computer fails for any reason during this period, it is replaced. The length of satisfactory service (years) is a random variable having the probability density function f(x)=1/3.3 e^(-x⁄3.3) x>0 What percentage of the laptops will fail within the warranty period? Find the probability that one of these laptops will provide satisfactory service for 3 to 4 years. Find the probability that one of these laptops will provide satisfactory...
Bellingham Electronics Inc. offers one model of laptop computer for £1000 and a two-year warranty for...
Bellingham Electronics Inc. offers one model of laptop computer for £1000 and a two-year warranty for £250. The retailer, as part of a Boxing Day promotion, offers a limited-time offer for the laptop, including delivery and the two-year warranty for £1,180. The cost of the computer to Bellingham is £700. Any warranty repairs are assumed to be done ratably over time. Bellingham accounts for transactions using the customer consideration model. In the first twelve months following the sale, Bellingham incurred...
The manager of a computer retails store is concerned that his suppliers have been giving him...
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 4.5 years and a standard deviation of 0.5 years. He then randomly selects records on 36 laptops sold in the past. Round the answers of following questions to 4 decimal places. What is the distribution of X? X...
The manager of a computer retails store is concerned that his suppliers have been giving him...
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 4 years and a standard deviation of 0.4 years. He then randomly selects records on 36 laptops sold in the past. Round the answers of following questions to 4 decimal places. What is the distribution of X? X...
The manager of a computer retails store is concerned that his suppliers have been giving him...
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 3.5 years and a standard deviation of 0.4 years. He then randomly selects records on 9 laptops sold in the past. Round the answers of following questions to 4 decimal places. a. What is the distribution of X?...
The manager of a computer retails store is concerned that his suppliers have been giving him...
The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 3.3 years and a standard deviation of 0.6 years. He then randomly selects records on 36 laptops sold in the past. Round the answers of following questions to 4 decimal places. What is the distribution of XX? XX...
calculate PART A: The manager of a computer retails store is concerned that his suppliers have...
calculate PART A: The manager of a computer retails store is concerned that his suppliers have been giving him laptop computers with lower than average quality. His research shows that replacement times for the model laptop of concern are normally distributed with a mean of 3.7 years and a standard deviation of 0.5 years. He then randomly selects records on 44 laptops sold in the past and finds that the mean replacement time is 3.6 years. Assuming that the laptop...
Question 5 A plant site donated by a township to a manufacturer that plans to open...
Question 5 A plant site donated by a township to a manufacturer that plans to open a new factory should be recorded on the manufacturer's books at ___________. Question 5 options: A. the nominal cost of taking title to it i B. Its fair value C. one dollar (since the site cost nothing but should be included in the balance sheet) D. the value assigned to it by the company's directors Question 6 Which of the following costs are capitalized...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT