Answer:
a) 1 ( 100% )
b) Co + 46/3 C1
Step-by-step explanation:
Delivery time = Y
Interval = 2 to 6 days
cost incurred ( C ) = Co + C1 Y^2
a) determine the probability that the delivery time exceeds two days
since the delivery time is uniformly distributed on the interval 2 to 6 days the probability of having a delivery time > 2 days will be = 1
b) Determine the expected cost associated with a single failed circuit board
E ( Y^2 ) = 46/3
hence the cost associated with a single failed circuit board =
E ( C ) = Co + 46/3 C1
attached below is a detailed solution