Assignment
Assignment
3. Approximately 30% of the time demand of a product is more than 250 units, and 20% of
the time demand is less than 200 units. What is the average demand? What is the
standard deviation of demand? (Demand can be assumed to follow a normal distribution)
[Ans. 230.8, 36.23]
4. The demand of a product is observed to vary from one quarter to the other. The
demand of each quarter can be assumed to follow a normal distribution with
means and standard deviations given below:
Demand
Quarter Mean Standard
Deviation
1 300 10
2 250 10
3 400 13
4 450 15
What is the probability that the annual demand will be more than 1450 units? Demands
in the four quarters are independent. [0.02018]
5. What should be the standard deviation of a bolt-making machine if 94% of the bolt
lengths are to be in an interval extending from 0.0047 m.m. to the left of the mean to
0.0047 to the right of the mean. [Ans: 0.0025]
6. The average time before the gear train of an automobile needs a major overhaul is 56
months with standard deviation of 16 months. The manufacturer wishes to warranty
these gear trains. For how many months should the manufacturer warrant gear trains to
limit the number of warranty overhauls to no more than 2.28% of the automobiles sold?
Assume normal distribution for number of months before an overhaul is required.
[Ans: 24]
7. The average marks secured by PGP-I students in Section ‘A’ in QAM-I course was 80
and the coefficient of variation was 5%. If the top 2% of the students registered for the
course are to receive A+ grade, then what is the minimum mark a student must get in
order to receive A+ grade? [Ans: 88.24]
P. T. O.
8. Suppose taxicab arrivals from 3 to 5 p.m. follow a Poisson process. If the cabs arrive at
an average rate of 18 per hour, (a) what is the probability that a person will have to wait
up to 5 minutes for cab? (b) What is the probability that a person will have to wait
between 5 and 10 minutes for cab?
[Ans: 0.7769; 0.173]
9. An investment manager for UTI receives an average of 12 telephone calls per 8-hour day
from major investors. Assuming calls are a Poisson process, what is the probability that
the manager will not be interrupted by a call during a meeting lasting one hour?
[Ans:
0.2231]
10. The average number of customers arriving in a supermarket is 30 per hour. What is the
probability that the length of time between a pair of successive arrivals of customers
exceeds 3 minutes? [Ans: 0.2231]
****
ASSIGNMENT
[Ans:0.753]
(ii) What is the probability that generator will operate for more than 20
days without a breakdown?
[Ans:0.135]
3. Suppose taxicab arrivals from 3 to 5 p.m. follow a Poisson process. If the cabs arrive at
an average rate of 18 per hour, (a) what is the probability that a person will have to wait
up to 5 minutes for cab? (b) What is the probability that a person will have to wait
between 5 and 10 minutes for cab?
[Ans:0.7769; 0.173]
4. An investment manager for UTI receives an average of 12 telephone calls per 8-hour day
from major investors. Assuming calls are a Poisson process, what is the probability that
the manager will not be interrupted by a call during a meeting lasting one hour?
[Ans:
0.2231]
5. The average number of customers arriving in a supermarket is 30 per hour. What is the
probability that the length of time between a pair of successive arrivals of customers
exceeds 3 minutes? [Ans: 0.2231]