Examlex

Solved

The Amount of Time Necessary for Assembly Line Workers to Complete

question 24

Short Answer

The amount of time necessary for assembly line workers to complete a product is a normal variable with a mean of 15 minutes and a standard deviation of 2 minutes.The probability is
that a product is assembled in between 15 and 21 minutes.


Definitions:

F.O.B.

A shipping term indicating that the seller is responsible for the cost of loading goods onto a vessel, with the buyer assuming the risk and transportation cost once onboard.

Manifestation

The act of displaying or showing a quality or feeling through one's actions or appearances.

Unwillingness

The state of being reluctant or disinclined to do something.

Ownership

The legal right or title to an asset or property, including the rights to use, enjoy, and dispose of it.

Related Questions