Schwinn Has a 2% Reject Rate

question 82

Multiple Choice

Schwinn has a 2% reject rate. If its factory can produce 200 bicycles a day and they cost $500 to produce, how much could Schwinn save if it had a 1% reject rate?

• A) $4000
• B) $2,000
• C) $1,000
• D) $500

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Definitions:

Delayed Reinforcement

The presentation of a reward or reinforcement after a significant time has passed from the desired behavior, affecting learning and motivation.

Higher Goals

Objectives that reflect broader, more significant aspirations or ideals, surpassing basic or immediate needs in pursuit of longer-term fulfillment.

Delayed Reinforcement

A technique in which a response is followed by a reward not immediately but after a time delay, influencing future behavior.

Immediate Reinforcement

The prompt delivery of a reward or consequence following a behavior, which strengthens the likelihood of that behavior occurring again.