Problem: John plays the guitar very well. He alsu has a good voice. He often plays for parties and gets paid $50 to do it. John also is an excelent basketball player. He plays for his high school team, and has been offered a scholarship to go to a state university. John really didn't think he wanted to go to college John wants to get a job and play music after high school. What should Joha do? question
1. what choices does John have?

2. What are the opportunity costs of his choices?

3. what should John do and why ?

answer separate ​

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?