Fault Tree Analysis (FTA) Is

question 83

Multiple Choice

Fault tree analysis (FTA) is

• A) a software system that uses computer graphics to assist in designing products.
• B) a systematic approach to analyzing the causes and effects of product failures.
• C) a visual method for analyzing the interrelationships among failures.
• D) a structured process that translates the voice of customer into technical design requirements.

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Definitions:

Mixed Economy

An economic system that combines private and public enterprise, incorporating elements of both capitalism and socialism.

Adam Smith

A Scottish economist, philosopher, and author who is considered the father of modern economics and is best known for his book "The Wealth of Nations."

Communist Bureaucrats

Officials in a government or party advocating for communism, often seen as having inefficient or complex procedures.

Business Decisions

Choices made by companies based on analysis and strategic considerations to achieve specific objectives.