THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 345

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Three airlines serve a small town in Indiana.Airline A has 60% of all the scheduled flights,airline B has 30%,and airline C has the remaining 10%.Their on-time rates are 80%,60%,and 49% respectively.Define event D as an airline arrives on time.
-Calculate P(B ∩D).

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Definitions:

Annual Units

The quantity of items produced or sold by a company in one year.

Quantities Used

The amounts of materials or resources consumed during the production of goods or services.

Annual Demand

The total demand for a product or service over the course of a single year.

ABC Analysis

A method for classifying inventory or items into three categories (A, B, and C) based on their importance, usually determined by value or usage rate.