If a Piece of Equipment Has a Mean Time Between

question 75

Multiple Choice

If a piece of equipment has a mean time between failures (MTBF) of 500 hours with a mean time to repair (MTTR) of 10 hours,then its uptime or average availability would be

• A)0.020 or 2.00%
• B)0.980 or 98.00%
• C)0.500 or 50.00%
• D)1.000 or 100.00%

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Definitions:

Flexibility of Work

The degree to which a job allows for changes in work hours, location, and patterns to accommodate employees' needs and preferences.

Economic Approach

A method of analysis that focuses on the principles of supply and demand, cost-benefit analysis, and the rational behavior of individuals within the economy.

Profit

The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes associated with sustaining the activity.

Top-Down Leadership

A leadership approach where decisions and policies are initiated by the upper levels of management and then cascaded down through the ranks.