Home / Questions / The weekly downtime X in hours for a certain industrial machine has approximately a gamma ...
The weekly downtime X (in hours) for a certain industrial machine has approximately a gamma distribution with alpha = 3.5 and beta = 1.5. The loss L (in dollars) to the industrial operation as a result of this downtime is given by L = 30X + 2X^2.
a. Find the expected value and the variance of L. Answer: E(L) = 228.4, V(L) = 26,223.75
b. Find an interval that will contain L on approximately 89% of the weeks that the machine is in use. Answer: ($0, $716.60)
Apr 09 2020 View more View Less
a. A $ 1,00par value bond with a market price of $ 965 and a coupon interest rate of 8 percent. Flotation costs for a new issue would be approximately 6 percent. The bond...
Sep 03 2020Assume you are an accredited investor according to SEC Reg D. Congratulations, you are part of the 1%. Assume you have a net worth of $20 million. Further assume you allo...
Mar 24 2020Discuss various business and personal tax credits. What are some of their tax planning considerations?
Aug 24 2020I am unsure how to do this problem
Sep 15 2020The next dividend payment by dizzle inc will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25% forever.If the stock currently sells for...
Dec 02 2019could someone please help me figure out the answer to both problems:1.)0.6in/ 12 ft.____(0.10 Btu/h-ftoF)2.) 0.7 in/ 12 ft(0.10 Btu/h- ft oF)
Apr 16 2020A heat pump system operate condenser pressures are 2 a volumetric capacity of 12 m/h, rates with refrigerant R134a. The evaporator and .2 and 10 bar respectively, and the...
Aug 19 2020Determine the necessary end-of-June adjustments for Brown Company. 1. On June 1, 2016, Brown Company, a new firm, paid $7,000 rent in advance for a seven-month period. Th...
May 22 2020Which of the following is an objective of a human resource inventory? Select one: a. advertising a vacant organizational position in a publication whose readers are likel...
Aug 23 2020What are major programs with respect to the Single Audit Act of 1984 and amendment of 1996? Distinguish between Type A and Type B programs.141.What factors would cause i...
Jan 25 2020