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:

Observational Learning

The process of acquiring new behaviors or knowledge by watching and imitating the actions of others, also known as social learning or modeling.

Model

In science and engineering, a model is an abstract representation meant to study, simulate, or explain the behavior of real systems or phenomena.

Discriminative Stimulus

A stimulus in the presence of which a particular response will be reinforced, used in behavioral psychology to study learning and conditioning.

Response-Outcome Relations

The understanding or concept in psychology that focuses on how actions (responses) are connected to their consequences (outcomes).