subject
Mathematics, 09.04.2021 02:10 unknownyobutt21

The Boffo Product Company sells a waffle iron on which they have done product testing. They have determined that the amount of time the product will last can be described by a normal distribution. In particular, the average waffle iron lasts for 12 years and one standard deviation is 8 months. How long should they warranty the product for if they want no more than 6.7% of the waffle irons to fail within that time?
Suppose they warranty the waffle iron for the amount of time found in the previous question and suppose that it costs them $13 to make each waffle iron. How much should they charge to make an average profit of $5 per waffle iron? Assume they refund the full price for each failed waffle iron.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 21:40
Drag the tiles to the correct boxes to complete the pairs. label each function. as even , odd, or neither.
Answers: 1
question
Mathematics, 21.06.2019 22:00
  cassidy wants to cut the yellow fabric into strips that are 0.3 yards wide. how many strips of yellow fabric can cassidy make? yellow fabric 16 yards for $108.00.
Answers: 1
question
Mathematics, 22.06.2019 00:30
An unknown number x is at most 10. which graph best represents all the values of x? number line graph with closed circle on 10 and shading to the right. number line graph with open circle on 10 and shading to the right. number line graph with open circle on 10 and shading to the left. number line graph with closed circle on 10 and shading to the left.
Answers: 1
question
Mathematics, 22.06.2019 01:50
Algebraically prove that a clockwise and counterclockwise rotation of 180° about the origin for triangle abc are equivalent rotations.
Answers: 2
You know the right answer?
The Boffo Product Company sells a waffle iron on which they have done product testing. They have det...
Questions
Questions on the website: 13722361