Examlex

Solved

A Particular Electronic Component Is Produced at Two Plants for an Electronics

question 22

Multiple Choice

A particular electronic component is produced at two plants for an electronics manufacturer.Plant A produces 70% of the components used and the remainder are produced by plant B.The probability that a component is defective is 0.02 if it is produced at plant A and 0.01 if it is produced at plant B. If the component is defective the revised probability it is produced at plant B,P (B|D) ,is ________


Definitions:

Intrinsic Rewards

Non-monetary rewards that come from the satisfaction of doing a job, such as personal achievement or professional growth.

Joint Employee-management Planning

A collaborative approach between employers and employees in the planning and implementation of workplace strategies.

Contextual Variable

Any variable that acts as a contributing factor in the environment where research is conducted or decisions are made, affecting outcomes.

Managerial Strategy

A plan of action designed by management to achieve a set of objectives and improve the performance of an organization.

Related Questions