Type:

Other

Description:

This Demonstration estimates the probability that a dissatisfied consumer files a complaint about a faulty manufactured product. It uses the expanded Fermi solution as the method of calculation. It is based on dividing the number of complaints by the assumed number, ... , of units produced or still unconsumed and by a set of successive probabilities, ... to ... . These are, for example, the probability that spoilage or failure has occurred, that it has been discovered by the consumer, etc. All these factors are specified by their estimated upper and lower limits and are used to calculate the best estimate of the complaint probability analytically and by Monte Carlo simulation.

Subjects:

    Education Levels:

      Keywords:

      EUN,LOM,LRE4,work-cmr-id:397367,http://demonstrations.wolfram.com:http://demonstrations.wolfram.com/ExpandedFermiSolutionForEstimatingAComplaintsProbability/,ilox,learning resource exchange,LRE metadata application profile,LRE

      Language:

      Access Privileges:

      Public - Available to anyone

      License Deed:

      Creative Commons Attribution 3.0

      Collections:

      None
      This resource has not yet been aligned.
      Curriki Rating
      'NR' - This resource has not been rated
      NR
      'NR' - This resource has not been rated

      This resource has not yet been reviewed.

      Not Rated Yet.

      Non-profit Tax ID # 203478467