A Job Consists of a Series of Three Tasks

question 58

Multiple Choice

A job consists of a series of three tasks. Task 1 is performed correctly 98% of the time, task 2 is performed correctly 99% of the time, and task 3 is performed correctly 97% of the time. The reliability of this job is

• A) 91.27%
• B) 94.11%
• C) 97.00%
• D) 98.00%
• E) 99.00%

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Definitions:

Predetermined Point

A specific goal, target, or condition that is established in advance or before any actions are taken.

Competitive Advantage

A unique attribute or position that allows an organization to outperform its competitors.

Competitors

Entities that offer similar products or services in the same market and compete for the same customer base.

Supply Chain Management

Encompasses the processes and activities involved in producing and delivering a product or service from suppliers to customers, including sourcing, manufacturing, logistics, and customer service.