Process3, $25/hour; and Process4, $40/hour, what are the mean and the standard deviation of cost of production for
Posted: Wed Jul 06, 2022 6:07 am
Process3, $25/hour; and Process4, $40/hour, what are the mean andthe standard deviation of cost of production fora unit of the product
(d) If you are tosupply an order of FIVE units, what is the average total timetomanufacture five units of the product and the standard deviation ofproducing the batch offive units? (Hint: the time for each unit is arandom variable)
(d) If you are tosupply an order of FIVE units, what is the average total timetomanufacture five units of the product and the standard deviation ofproducing the batch offive units? (Hint: the time for each unit is arandom variable)