please help so lost...
The specification for the length of an aluminum tube is 780 mm ± 1 mm. The manufacturing process that produces the tubes is centered at 780 mm and has a standard deviation of 0.80 mm. The process is in control and the process output is normally distributed. Tubes that fail to meet the lower specification limit are scrapped at a loss of $12 per tube. Tubes that exceed the upper specification limit are reworked at a cost of $4.50 per tube. Determine the expected monetary loss due to nonconforming tubes in a production run of 1,500 tubes. Assume that all process parameters remain as previously described during the production run.
this was hint that professor gave: Prob (X<=779) = Prob (Z<= (779-780)/0.8) expected loss due to scraping Prob(X<=779) * 1500 *12
hi
hi it is normally distributed, so gaussian distribution
not really sure how to set it up or start... =(
everything below 779 is scrapped, everything about 781 is reworked STD 0.8 mm 1mm is how many standard deviaions away?
hey?
.2mm?
no okay so 0.8 mm is one std
and 1mm is more than one STD right
yes.
how many times more
0.8 * what = 1
1.25
yes
okay so you have to see what probability for more than z score of 1.25
hm. do i solve it or is there chart that i can look at?
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