"‘there's a certain sameness to the news on the big three [abc, nbc, and cbs] and cnn,' says moody, who is in charge of fox news's day-to-day editorial decisions. that's the message, moody says, that ‘america is bad, corporations are bad, animal species should be protected, and every cop is a racist killer. that's where "fair and balanced" [fox's slogan] comes in. we don't think all corporations are bad, every forest should be saved, every government spending program is good. we're going to be more inquisitive.'"—from an interview with john moody, vice president for news editorial at fox news network, in brill's content magazine

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?