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A Company Produces a Product Consisting of Two Components Arranged

question 53

Multiple Choice

A company produces a product consisting of two components arranged as follows: A company produces a product consisting of two components arranged as follows: If both components must function for the product to function,then the two components would need individual reliabilities of ___ to achieve an overall reliability of 0.90. A) R<sub>1</sub> = 0.90 and R<sub>2</sub> = 0.90 B) R<sub>1</sub> = 0.95 and R<sub>2</sub> = 0.95 C) R<sub>1</sub> = 0.80 and R<sub>2</sub> = 0.80 D) R<sub>1</sub> = 0.85 and R<sub>2</sub> = 0.85 A company produces a product consisting of two components arranged as follows: If both components must function for the product to function,then the two components would need individual reliabilities of ___ to achieve an overall reliability of 0.90. A) R<sub>1</sub> = 0.90 and R<sub>2</sub> = 0.90 B) R<sub>1</sub> = 0.95 and R<sub>2</sub> = 0.95 C) R<sub>1</sub> = 0.80 and R<sub>2</sub> = 0.80 D) R<sub>1</sub> = 0.85 and R<sub>2</sub> = 0.85 A company produces a product consisting of two components arranged as follows: If both components must function for the product to function,then the two components would need individual reliabilities of ___ to achieve an overall reliability of 0.90. A) R<sub>1</sub> = 0.90 and R<sub>2</sub> = 0.90 B) R<sub>1</sub> = 0.95 and R<sub>2</sub> = 0.95 C) R<sub>1</sub> = 0.80 and R<sub>2</sub> = 0.80 D) R<sub>1</sub> = 0.85 and R<sub>2</sub> = 0.85 If both components must function for the product to function,then the two components would need individual reliabilities of ___ to achieve an overall reliability of 0.90.

Definitions:

Property Rights

Legal parameters that define the ownership and use of property, including land, buildings, and intellectual property.

Allocate Resources

The process of distributing available resources, whether material, financial, or human, among competing demands and uses in an efficient manner.

Willingness to Pay

The maximum amount a consumer is ready to spend for a good or service.

Surplus

The situation where the quantity supplied of a product exceeds the quantity demanded at a given price.

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