Question

The life length x of an electronic component follows an exponential distribution. there are two processes by which the component may be manufactured. the expected life length of the component is 100 hours. of process i is used to manufacture, while it is 150 hours of process ii is used. the cost of manufacturing a single component by process i is rs.10 while it is rs.20 for process ii. moreover if the component lasts than the guaranteed life of 200hours, a loss of rs.50 is to be borne by the manufacturer. which process is advantageous to the manufacturer

Answer 1

yeah i am agreed with u....