Consider a Product with Three Components in Series, with Reliabilities

question 92

Multiple Choice

Consider a product with three components in series, with reliabilities of 0.90, 0.80, and 0.89 for components A, B, and C, respectively. Furthermore, component B uses a backup that also has a reliability of 0.80. What is the reliability of the system?

• A) 0.50000
• B) 0.71280
• C) 0.76896
• D) 0.85536
• E) 3.49000

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Definitions:

Machine-hours

A measure of production volume or capacity, representing the total hours that machines are operational within a given period.

Power Costs

The expenses associated with the consumption of electricity or other forms of energy used in the production process.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a period, which can be either favorable or unfavorable.

Budgeting

The process of creating a plan to spend your money, outlining how much money will be earned and how it will be spent.