The Cost of Inspection for Three Different Product Characteristics A,B,and

question 37

Multiple Choice

The cost of inspection for three different product characteristics A,B,and C,is $10,$12 and $8 respectively.The cost of failure if any one of them breaks down is $100 (full replacement cost of the product) .What is the inspection ratio for B?

• A)0.10
• B)0.08
• C)0.12
• D)0.05

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Definitions:

Positive Exponents

Indicate how many times a number, the base, is to be multiplied by itself.

Expression

A combination of symbols that represent values or operations in mathematics.

Z

Often represents a variable in mathematics or denotes the set of all integers in number theory.

Evaluate

To calculate the value of an algebraic expression by substituting variables with numerical values.