If the Mean Time Between Failures Has Been Calculated to Be

question 10

True/False

If the mean time between failures has been calculated to be 2,000 hours,then FR(N)= 0.0005 failures/unit-hour.

---

Definitions:

Contractual Rights

These are rights specifically granted to parties within a contract, allowing them to demand the performance of certain duties by others within the agreement.

Assignment

The transfer of rights under a contract to another party.

Negotiation

Direct communication between the parties to a dispute in an effort to resolve the problems without third-party intervention; transferring negotiable instruments to third parties.

Negotiable Instrument

A legal document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee able to transfer it to another holder.