Answered step by step
Verified Expert Solution
Question
1 Approved Answer
9. A company producing steel nails receives an order for 5000 nails of length 50mm. Due to external factors such as temperature and pressure, the
9. A company producing steel nails receives an order for 5000 nails of length 50mm. Due to external factors such as temperature and pressure, the lengths of the nails produced by the machine is normally distributed with a standard deviation of 1.6mm. Acceptable lengths (lengths that any customer will consent to buy) must have a tolerance of 2mm. If the machine is set to produce nails with a mean length of 5.0cm, determine the percentage of nails that are acceptable. (4 marks) A. 0.7888 B. 0.8877 C. 0.9921 D. 0.7878 10. Further to the information provided in question nine (9) above, we are informed that nails produced that are shorter than the minimum acceptable length have to be scrapped. Consider that 4.8cm is still the minimum threshold for acceptable nail length. If the cost to produce one nail is 45 cents, how much does the company incur in Rand losses due to scrapping? A. R247.70 (4 marks) B. R347.91 C. R237.60 D. R471.99 11. Further considering information given in questions nine (9) and ten (10), if no more than 2% of nails are to be scrapped, what should the new mean be set at in millimeters? Assume that the standard deviation remains unchanged. (4 marks) A. 51.28 B. 52.21 C. 68.92 D. 69.28
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started