The Federal Reserve System regulates the money supply primarily by a. altering the reserve requirements of commercial banks and thereby the ability of banks to make loans.
b. controlling the production of coins at the U. S. mint.
c. restricting the issuance of Federal Reserve Notes because paper money is the largest portion of the money supply.
d. altering the reserves of commercial banks, largely through sales and purchases of government bonds.

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?