A Two-Component Process Has an 81% Success Rate in Series

question 82

Multiple Choice

A two-component process has an 81% success rate in series and a 99% success rate in parallel. If each component has the same reliability, what is the reliability of an individual component?

• A) 50%
• B) 90%
• C) 99%
• D) 59%
• E) unable to determine

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Definitions:

Corporate Strategy

The overall plan and direction devised by the management of a company to achieve long-term business objectives.

Business Strategy

A plan of action designed by an organization to achieve its long-term goals and secure a competitive position in the market.

Product Domain

The complete range of products that a company creates or plans to offer within its market.

Long-term Direction

The strategic goals and visions set by an organization to guide its operations, development, and decision-making processes over an extended period.