If a New Machine of a Production Plant Is Functioning

question 76

Short Answer

If a new machine of a production plant is functioning properly,only 1% of the items produced will be defective.Out of the 1,000 items the plant produces on a single day,the approximate probability that exactly 0.2% of the items will be defective if the new machine is indeed functioning properly is .

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Definitions:

Learning Process

The ongoing process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, often facilitated through various methods of education or experience.

Minimum Efficient Scale

The smallest level of production at which long-term average costs are minimized, enabling businesses to achieve the best possible economies of scale.

Domestic Consumption

The total amount of goods and services consumed within a country's borders.

Plants Producing

The process by which plants manufacture their own food, primarily through photosynthesis, contributing to the ecosystem's productivity.