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McBurger , Inc., wants to redesign its kitchens to improve productivity and quality. Three designs, called designs K 1 , K 2 , and K
McBurger Inc., wants to redesign its kitchens to improve productivity and quality. Three designs, called designs K K and K are under consideration. No matter which design is used, daily production of sandwiches at a typical McBurger restaurant is for sandwiches. A sandwich costs $ to produce. Nondefective sandwiches sell, on the average, for $ per sandwich. Defective sandwiches cannot be sold and are scrapped.
The goal is to choose a design that maximizes the expected profit at a typical restaurant over aday period. Designs K K and K cost $ $ and $ respectively.
Under design K there is a chance that out of each sandwiches are nondefective and a chance that out of each sandwiches are nondefective. Under design K there is a chance that out of each sandwiches are nondefective and a chance that out of each sandwiches are nondefective. Under design K there is a chance that out of each sandwiches are nondefective and a chance that out of each sandwiches are nondefective.
Part
The expected profit level of design K is $enter your response here. Enter your response as a real number rounded to two decimal places.
Part
The expected profit level of design K is $enter your response here. Enter your response as a real number rounded to two decimal places.
Part
The expected profit level of design K is $enter your response here. Enter your response as a real number rounded to two decimal places.
Part
What is the expected profit level of the design that achieves the maximum expectedday profit level?
Design
K
K
K
achieves the maximum expectedday profit level, with a profit of $enter your response here. Enter your response as a real number rounded to two decimal places.
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