What Is the Reliability of a Product with a Failure

question 23

Multiple Choice

What is the reliability of a product with a failure rate of 0.002 per operating hour and a useful life of 1000 hours?

• A) 0.14
• B) 0.22
• C) 0.50
• D) 0.78
• E) 0.86

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Definitions:

Resource

An economic input used to produce goods and services, such as labor, capital, and natural resources.

Land

In economics, it refers to all natural resources used to produce goods and services, including agricultural and undeveloped land.

Interest Rate

The cost of borrowing money or the reward for saving, usually expressed as a percentage of the principal amount per period.

$100

A monetary denomination or value equivalent to one hundred U.S. dollars.