A Factory That Fills Bags of Rice Samples Its Production

question 4

Multiple Choice

A factory that fills bags of rice samples its production and found that out of 500 bags tested 350 were of the correct weight, 120 were too heavy and the remainder were too light. What is the empirical probability of a bag being too light (2 decimal places) ?

• A) 0.04
• B) 0.06
• C) 0.08
• D) 0.10

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Definitions:

Supply And Demand

A fundamental economic model that explains how the price and quantity of goods and services are determined by the market based on their supply and buyer demand.

Transportation Economies

The cost-saving benefits achieved through efficient management of transportation activities, often through scale or optimized routing.

High-Quality Personnel

Individuals within an organization who are highly skilled, knowledgeable, and capable, contributing significantly to its success.

DC Operations

Activities involved in the day-to-day functioning of a Distribution Center, including goods receipt, storage, packaging, and shipping.