Which of the Following Is a Reliability Tactic

question 78

Multiple Choice

Which of the following is a reliability tactic?

• A)improving individual components
• B)increasing repair speed
• C)providing redundancy
• D)A and C
• E)A,B,and C

---

Definitions:

Receiving

The process of accepting goods delivered by suppliers and checking them for order accuracy and quality.

Expected Value

The weighted average of all possible values of a random variable, with each value weighted according to its probability of occurrence.

Perfect Information

A situation in which all participants have full and equal knowledge of all relevant factors affecting decisions.

EMV

Expected Monetary Value, a decision-making tool used in risk management to calculate the average outcome when the future includes scenarios that may or may not happen.