A polling machine has a mean time between failures of 408 and mean time to repair of 16. In this case, the availability is ______.
a. 0.962
b. 0.900
c. 0.920
d. 0.890
a. 0.962
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A nontariff barrier is illustrated by all but
A. the preference of some Indonesians for betel nut. B. the widespread Japanese belief that American rice can cause cancer. C. the European attitude toward genetically modified crops. D. the French requirement in 1982 that all Japanese VCRs be inspected in Poitiers, far from the port and up a windy mountain road.
The assembly time for a product is uniformly distributed between 2to 10 minutes. The probability of assembling the product in 4minutes or more is
A. 0.25. B. 0.75. C. 0. D. 1.
During the design planning stage for its new appliances, Torr, Inc. needs to determine how many different product variations there will be. This is the same as determining the product
A. features. B. life cycles. C. line. D. prices. E. availability.
The Phi of an option is defined as:
A) expected change in the option premium for a small change in time to expiration. B) expected change in the option premium for a small change in volatility. C) expected change in the option premium for a small change in the foreign interest rate. D) expected change in the option premium for a small change in the domestic interest rate.