An Electrical Component for One of the Main Products Your

question 71

Multiple Choice

An electrical component for one of the main products your company produces is specified to have an electrical impedance of 2.15 ohms.However,the manufacturing process is not perfect and there is some variation on the actual impedance of these components.A recent statistical study indicated that in fact,the impedances are normally distributed with a mean impedance of 2.15 ohms and a standard deviation of 0.05 ohms.When the impedance exceeds 2.25 ohms,the product malfunctions so that component must be rejected and replaced by one whose impedance is within the acceptable limit.If you need 1350 usable components,how many components should you order?

• A) 1608
• B) 1422
• C) 1421
• D) 1385
• E) 1384

---

Definitions:

Lowest Price

The minimum amount at which a product or service is sold, often determined by costs, competition, and market demand.

Long Run

A period in which all factors of production and costs are variable, allowing full adjustment to changes.

Firm's Profit

The financial gain achieved by a firm when its total revenues exceed its total expenses.

Profitable Output

The level of production at which a business or entity maximizes its profit, considering its cost structure and market demand.