A Component Must Have Reliability of

question 98

Essay

A component must have reliability of .999. Two technologies are available for this component: one produces a component with .999 reliability at a cost of $3000. Another produces a component with .75 reliability at a cost of $500. Which is cheaper: one high quality component or a parallel set of inferior components?

---

Definitions:

Instinctive Behavior

Actions or reactions that are inherently present in an individual from birth, not learned through experience or observation.

Serotonin

A neurotransmitter believed to play many roles, including regulating mood, appetite, and sleep, and involved in some cognitive functions such as memory and learning.

Testosterone

Testosterone is a steroid hormone that plays a key role in the development of male reproductive tissues and secondary sexual characteristics, though it is also present in females.

Oxytocin

A hormone and neurotransmitter often associated with bonding, trust, and the regulation of social behaviors.