A Machine Has Four Components, A, B, C, and D

question 235

Multiple Choice

A machine has four components, A, B, C, and D, set up in such a manner that all four parts must work for themachine to work properly. Assume the probability of one part working does not depend on the functionality ofany of the other parts. Also assume that the probabilities of the individual parts working are P(A) = P(B) = 0.93,P(C) = 0.98, and P(D) = 0.96. Find the probability that at least one of the four parts will work. Round to sixdecimal places.

• A) 0.999996
• B) 0.813698
• C) 0.000004
• D) 0.186302

Comprehend the methods for evaluating projects, including Equivalent Annual Cost (EAC) and Net Present Value (NPV).

Analyze the financial impacts of cost-cutting proposals and the effects on sales and costs.

Identify relevant costs for project evaluation, including copier replacement considerations.

Understand the computation and impact of changes in net working capital on project valuation.

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