Crmp Test 3 Exam Review Questions And Answers, Graded A+/ Verified.

CRMP TEST 3 EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. What is the statistical mode and the median of the following data (3.0, 12.0, 9.0, 4.0, 2.0, 4.0, 4.0) A. Mode = 3.0, Median = 9.0 B. Mode = 4.0, Median = 4.0 C. Mode = 4.0, Median = 4.5 D. Mode = 4.0, Median = 8.0 B. Mode = 4.0, Median = 4.0 The mode of a set of data values is the value that appears most often. in this data set (3.0, 12.0, 9.0, 4.0, 2.0, 4.0, 4.0), 4.0 is the correct answer. I would check the answer options at this point to see if I can avoid calculating the median. This eliminates only one answer option so we go ahead and find the median, which is the middle number when arranged in order from smallest to largest value. In this case, the number is 4.0 A farmer in a rural area had problems with his tractor tires. He called maintenance personnel to replace two front tires that had gone flat overnight with two used ones he had in storage. He had determined that the two rear tires had been recently replaced with new ones. If the reliability of the front tires were 0.97 each and that of the rear tires were 0.99 each. What is the reliability of the system of tractor tires? A. 0.9999 B. 0.9409 C. 0.9222 D. 0.9314 C. 0.9222 A system of tractor tires will be considered a series system since all four tires need to be working for the tractor to be operational. Reliability (tires) = R1 x R2 xR3 x R4 0.97 x 0.97 x 0.99 x 0.99 =0.9222 Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen The maintenance manager of a pump seal manufacturer has asked you to calculate the re-order point of a spare part item. He has provided you with the following information to facilitate your calculations. The cost of the spare parts is $100.00. The cost of earning inventory is 20% of the cost of the part. The cost of placing an order is $40.00 for which the annual demand is 5,200 units. The average lead-time for replenishment is two weeks and the buffer stock of 500 units is desired. The average inventory is 100 units per week. what is the re-order point in units for this spare part? A. 700 B. 1200 C. 350 D. 600 A. 700 ROP = (Average weekly demand x Lead time) + Safety stock; re-order point (ROP)= (100 x 2) + 500 = 70