A Component Must Have Reliability of

question 33

Essay

A component must have reliability of .9925. Two technologies are available for this component: one produces a component with .999 reliability at a cost of $2000. Another produces a component with .73 reliability at a cost of $450. Which is cheaper: one high quality component or a parallel set of inferior components?

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Definitions:

Marginal

Positioned at the fringe or edge, often referring to groups or individuals that are considered outside the mainstream of society or economically and socially disadvantaged.

Socially Engaged

Active participation in community or societal issues and efforts to promote social change.

Cultural Lag

A theory suggesting that culture takes time to catch up with technological innovations, leading to social problems.

Friends On Social Media

Individuals connected to a person through social networking platforms, where interactions can range from close relationships to mere acquaintances.