- The mean number of air conditioning units assembled per month by Freeze, Inc. is 750 and the standard deviation is 100 unit E the number of air conditioning units assembled per month follows a normal distribution, calculate the probability of Freeze, In assemble a quantity of air conditioning units greater than the monthly break-even point calculated in problem 3-a. An improved assembling process is proposed to Freeze, Inc. to reduce the variable cost from $500 per unit to $400 per unit. rease the mean number of air conditioning units assembled per month from 750 to 850 and reduce the standard deviation to 90 its. As a result of the improvements, monthly fixed costs would go up from $250,000 to $300,000. Once these improvements are plemented, calculate the new number of air conditioning units that Freeze Inc. must sell every month to break-even, discuss and stify if you would recommend the process improvement initiative. If the number of air conditioning units assembled per month still follows a normal distribution after the implementation of the mprovements described on item (b), calculate the probability of Freeze, Inc. to assemble a quantity of air conditioning units greater nan the new monthly break-even point. Now that you know this probability, would you change your recommendation? lurtifiu
- The mean number of air conditioning units assembled per month by Freeze, Inc. is 750 and the standard deviation is 100 unit E the number of air conditioning units assembled per month follows a normal distribution, calculate the probability of Freeze, In assemble a quantity of air conditioning units greater than the monthly break-even point calculated in problem 3-a. An improved assembling process is proposed to Freeze, Inc. to reduce the variable cost from $500 per unit to $400 per unit. rease the mean number of air conditioning units assembled per month from 750 to 850 and reduce the standard deviation to 90 its. As a result of the improvements, monthly fixed costs would go up from $250,000 to $300,000. Once these improvements are plemented, calculate the new number of air conditioning units that Freeze Inc. must sell every month to break-even, discuss and stify if you would recommend the process improvement initiative. If the number of air conditioning units assembled per month still follows a normal distribution after the implementation of the mprovements described on item (b), calculate the probability of Freeze, Inc. to assemble a quantity of air conditioning units greater nan the new monthly break-even point. Now that you know this probability, would you change your recommendation? lurtifiu
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter12: Queueing Models
Section: Chapter Questions
Problem 59P
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