In a recent year, the average daily circulation of the Wall
Street Journal was 2,276,207. Suppose the standard deviation
is 70,940. Assume the paper’s daily circulation is normally
distributed.
(a) On what percentage of days would circulation
pass 1,822,000?
(b) Suppose the paper cannot support the fixed
expenses of a full-production setup if the circulation drops below
1,632,000. If the probability of this even occurring is low, the
production manager might try to keep the full crew in place and not
disrupt operations. How often will this even happen, based on this
historical information?
In a recent year, the average daily circulation of the Wall Street Journal was 2,276,207. Suppose...
In a recent year, the average daily circulation of the Wall Street Journal was 2,276,207. Suppose the standard deviation is 70,940. Assume the paper's daily circulation is normally distributed (a) On what percentage of days would circulation pass 1,816,000? (b) Suppose the paper cannot support the fund expenses of a full production setup if the circulation drops below 1,621,000. If the probability of this even occurring is low, the production manager might try to keep the full crew in place...
I have this case study to solve. i want to ask which type of case study in this like problem, evaluation or decision? if its decision then what are the criterias and all? Stardust Petroleum Sendirian Berhad: how to inculcate the pro-active safety culture? Farzana Quoquab, Nomahaza Mahadi, Taram Satiraksa Wan Abdullah and Jihad Mohammad Coming together is a beginning; keeping together is progress; working together is success. - Henry Ford The beginning Stardust was established in 2013 as a...
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