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"High Reliability Can Be Achieved in a Product Without Having

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Essay

"High reliability can be achieved in a product without having high reliability in the component parts. In fact, any reliability target, no matter how high, can be achieved with only mediocre parts, so long as enough of them are present." Discuss; an example may help.


Definitions:

Business Venture

An entrepreneurial endeavour or enterprise that is newly formed with the aim of gaining profit.

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