Bottomline Ink, a Forms Managementcompany, Fills 100 Orders a Day

question 22

Multiple Choice

Bottomline Ink, a forms managementcompany, fills 100 orders a day with a 2% error rate in the completed orders. Assume this to be a binomial distribution. What is the probability that there will be more than 5 order errors in a given day?

• A) 0.0062
• B) 0.4838
• C) 0.9838
• D) 2.1428

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Definitions:

Installations

This term refers to the process of setting up equipment, machinery, or software so that it is ready for use.

Fixed Equipment

Assets that are installed or fixed in place and cannot easily be moved, typically essential for operational purposes in facilities.

Raw Materials

Basic materials from which products are made, typically unprocessed or only minimally processed states of resources used in production.

Component Parts

Individual pieces or elements that are assembled to form a finished product.