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Unformatted text preview: COM M 290 Final Exam Review Problems Chapter 2 Probability 1. Problem 2.16 , pg. 55 (Answer provided) A purchasing agent placed a rush order for a particular raw material with two different suppliers, A and B. if neither order arrives in 4 days the product process must be shut down until at least one of the orders arrives. The probability that supplier A can deliver the material in 4 days is 0.55. the probability that supplier B can deliver the material in 4 days is 0.35. a. What is the probability that both suppliers deliver the material in 4 days? Because two separate suppliers are involved, assume independence. b. What is the probability that at least one supplier delivers the material in 4 days? c. What is the probability the production process is shut down in 4 days because of a shortage in raw material (that is both orders are late)? 2. Problem 2.25, pg. 57 (answer provided) Small cars get better mileage, but they are not as safe as bigger cars. Small cars accounted for 18% of the vehicles on the road, but accidents involving small cars led...
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This note was uploaded on 01/03/2011 for the course COMM 290 taught by Professor Brian during the Winter '09 term at The University of British Columbia.
- Winter '09