In problem 1 we assumed that it would take Bill 30 minutes to get from the golf
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In problem 1 we assumed that it would take Bill 30 minutes to get from the golf course to his office. Assume now that this is the most likely time, but traffic and other factors could make the commute time in as little as 25 minutes or as much as 45 minutes. What is the probability that Bill will make it to his meeting on time if you take this variability into account?
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Expected time for commute 25 430 45 6 3167 minutes 53 ...View the full answer
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Related Book For
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley
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