A manufacturing company produces a specialized component tha…
A manufacturing company produces a specialized component that has a defect rate of 3% per unit. However, before the defective unit reaches the customer, it passes through three independent quality control (QC) checkpoints: Checkpoint 1 detects 75% of defects. Checkpoint 2 detects 70% of the defects that remain after Checkpoint 1. Checkpoint 3 detects 50% of the defects that remain after Checkpoint 2. If a customer receives a component, what is the probability that it is defective? Model the system using simulation. You need to create a template yourself for this problem. Rename it under your name before submitting it.