Assume That a Crucial Machine Part Has a 5% Rate

question 48

Essay

Assume that a crucial machine part has a 5% rate of failure in six months, based on company data. Compare the probability of having a single part fail during a six month
period to the probability of having a second independent backup part and having both of
them fail in 6 months. Describe the improved reliability gained with a backup part.

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Definitions:

Performance

The act of carrying out a task or function, often measured against known standards of accuracy, completeness, speed, and efficiency.

Determination

The firmness of purpose or the process of establishing something exactly, often through research or calculation.

Persistence

Persistence is the continued effort and determination in doing something despite difficulties or delays in achieving success.

Motivation

The drive or desire that initiates, guides, and maintains goal-oriented behaviors.