Business, 12.12.2019 03:31 kaylam8346
Suppose you buy an electronic device that you operate continuously. the device costs you $300 and carries a one-year warranty. the warranty states that if the device fails during its first year of use, you get a new device for no cost, and this new device carries exactly the same warranty. however, if it fails after the first year of use, the warranty is of no value. you plan to use this device for the next six years. therefore, any time the device fails outside its warranty period, you will pay $300 for another device of the same kind. (we assume the price does not increase during the six-year period.) the time until failure for a device is gamma distributed with parameters α = 2 and β = 0.5. (this implies a mean of one year.) use @risk to simulate the six-year period. include as outputs (1) your total cost, (2) the number of failures during the warranty period, and (3) the number of devices you own during the six-year period.
Answers: 3
Business, 22.06.2019 09:30, animexcartoons209
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
Business, 22.06.2019 15:10, GreenHerbz206
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
Answers: 3
Suppose you buy an electronic device that you operate continuously. the device costs you $300 and ca...