Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gebhardt Electronics produces a wide variety of transformers that it sells directly to manufacturers of electronics equipment. For one component used in several models of

image text in transcribed
image text in transcribed
Gebhardt Electronics produces a wide variety of transformers that it sells directly to manufacturers of electronics equipment. For one component used in several models of its transformers, Gebhardt uses a 2 foot length of 0.20 mm diameter solid wire made of pure Oxygen-Free Electronic (OFE) copper. A flaw in the wire reduces its conductivity and increases the likelihood it will break, and this critical component is difficult to reach and repair after a transformer has been constructed. Therefore, Gebhardt wants to use primarily flawless lengths of wire in making this component. The company is willing to accept no more than a 1 in 20 chance that a 2 foot length taken from a spool will be flawed. Gebhardt also occasionally uses smaller pieces of the same wire in the manufacture of other components, so the 2 foot segments to be used for this component are essentially taken randomly from a long spool of 0.20 mm diameter solid OFE copper wire. Gebhardt is now considering a new supplier for copper wire. This supplier claims that its spools of 0.20 mm diameter solid OFE copper wire average 70 inches between flaws. Gebhardt now must determine whether the new supply will be satisfactory if the supplier's claim is valid. Managerial Report Assess the supplier to make a recommendation to Gebhardt. Distribution Computations Recommendation Discuss the implications of the supplier's claim and how it compares with Gebhardt's criteria to make an overall recommendation. The probability that a randomly selected 2 foot segment of wire will be flawed given that there is an average of 70 inches between two consecutive flaws is the 1 in 20 chance the company is willing to accept. The new supplier -Sele meet Gebhardt's criteria and --Select- be recommended. To meet this acceptance criteria, the average distance between two consecutive flaws needs to be the 70 inches the supplier claims. ble Select- Gebhardt Electronics produces a wide variety of transformers that it sells directly to manufacturers of electronics equipment. For one component used in several models of its transformers, Gebhardt uses a 2 foot length of 0.20 mm diameter solid wire made of pure Oxygen-Free Electronic (OFE) copper. A flaw in the wire reduces its conductivity and increases the likelihood it will break, and this critical component is difficult to reach and repair after a transformer has been constructed. Therefore, Gebhardt wants to use primarily flawless lengths of wire in making this component. The company is willing to accept no more than a 1 in 20 chance that a 2 foot length taken from a spool will be flawed. Gebhardt also occasionally uses smaller pieces of the same wire in the manufacture of other components, so the 2 foot segments to be used for this component are essentially taken randomly from a long spool of 0.20 mm diameter solid OFE copper wire. Gebhardt is now considering a new supplier for copper wire. This supplier claims that its spools of 0.20 mm diameter solid OFE copper wire average 70 inches between flaws. Gebhardt now must determine whether the new supply will be satisfactory if the supplier's claim is valid. Managerial Report Assess the supplier to make a recommendation to Gebhardt. Distribution If the new supplier does provide spools of 0.20 mm solid OFE copper wire that average 70 inches between flaws, how is the length of wire between two consecutive flaws distributed? Let x be the distance in inches between consecutive flaws on a length of the wire. The supplier claims that there is an average of 70 inches between two consecutive flaws indicating x follows Se probability distribution. Computations Compute the probability that a randomly selected 2 foot segment of wire will be flawless given the claim that there is an average of 70 inches between two consecutive flaws. (Round your answer to four decimal places.) Determine the minimum mean length, in inches, between consecutive flaws that would result in satisfying Gebhardt's criteria. (Round your answer up to the next whole number.) in Suppose Gebhardt instead is only willing to accept no more than a 1 in 100 chance that a 2 foot length taken from a spool will be flawed. Determine the minimum mean length, in inches, between consecutive flaws that would result in satisfying this criteria. (Round your answer up to the next whole number.) in Gebhardt Electronics produces a wide variety of transformers that it sells directly to manufacturers of electronics equipment. For one component used in several models of its transformers, Gebhardt uses a 2 foot length of 0.20 mm diameter solid wire made of pure Oxygen-Free Electronic (OFE) copper. A flaw in the wire reduces its conductivity and increases the likelihood it will break, and this critical component is difficult to reach and repair after a transformer has been constructed. Therefore, Gebhardt wants to use primarily flawless lengths of wire in making this component. The company is willing to accept no more than a 1 in 20 chance that a 2 foot length taken from a spool will be flawed. Gebhardt also occasionally uses smaller pieces of the same wire in the manufacture of other components, so the 2 foot segments to be used for this component are essentially taken randomly from a long spool of 0.20 mm diameter solid OFE copper wire. Gebhardt is now considering a new supplier for copper wire. This supplier claims that its spools of 0.20 mm diameter solid OFE copper wire average 70 inches between flaws. Gebhardt now must determine whether the new supply will be satisfactory if the supplier's claim is valid. Managerial Report Assess the supplier to make a recommendation to Gebhardt. Distribution Computations Recommendation Discuss the implications of the supplier's claim and how it compares with Gebhardt's criteria to make an overall recommendation. The probability that a randomly selected 2 foot segment of wire will be flawed given that there is an average of 70 inches between two consecutive flaws is the 1 in 20 chance the company is willing to accept. The new supplier -Sele meet Gebhardt's criteria and --Select- be recommended. To meet this acceptance criteria, the average distance between two consecutive flaws needs to be the 70 inches the supplier claims. ble Select- Gebhardt Electronics produces a wide variety of transformers that it sells directly to manufacturers of electronics equipment. For one component used in several models of its transformers, Gebhardt uses a 2 foot length of 0.20 mm diameter solid wire made of pure Oxygen-Free Electronic (OFE) copper. A flaw in the wire reduces its conductivity and increases the likelihood it will break, and this critical component is difficult to reach and repair after a transformer has been constructed. Therefore, Gebhardt wants to use primarily flawless lengths of wire in making this component. The company is willing to accept no more than a 1 in 20 chance that a 2 foot length taken from a spool will be flawed. Gebhardt also occasionally uses smaller pieces of the same wire in the manufacture of other components, so the 2 foot segments to be used for this component are essentially taken randomly from a long spool of 0.20 mm diameter solid OFE copper wire. Gebhardt is now considering a new supplier for copper wire. This supplier claims that its spools of 0.20 mm diameter solid OFE copper wire average 70 inches between flaws. Gebhardt now must determine whether the new supply will be satisfactory if the supplier's claim is valid. Managerial Report Assess the supplier to make a recommendation to Gebhardt. Distribution If the new supplier does provide spools of 0.20 mm solid OFE copper wire that average 70 inches between flaws, how is the length of wire between two consecutive flaws distributed? Let x be the distance in inches between consecutive flaws on a length of the wire. The supplier claims that there is an average of 70 inches between two consecutive flaws indicating x follows Se probability distribution. Computations Compute the probability that a randomly selected 2 foot segment of wire will be flawless given the claim that there is an average of 70 inches between two consecutive flaws. (Round your answer to four decimal places.) Determine the minimum mean length, in inches, between consecutive flaws that would result in satisfying Gebhardt's criteria. (Round your answer up to the next whole number.) in Suppose Gebhardt instead is only willing to accept no more than a 1 in 100 chance that a 2 foot length taken from a spool will be flawed. Determine the minimum mean length, in inches, between consecutive flaws that would result in satisfying this criteria. (Round your answer up to the next whole number.) in

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance

Authors: Ehsan Nikbakht, A A Groppelli

6th Edition

0764147595, 9780764147593

More Books

Students also viewed these Finance questions