Wanda decided to purchase a condominium, but she did not have the funds to do so. She took out a loan from Community Bank to buy the condo. Community Bank provided the funding and, in exchange, received a security interest in the property, which allowed it to sell the condo if Wanda did not make her loan payments in a timely manner. This security interest is an example of a(n)

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?