What Is the Reliability of a Product with a Failure

question 66

Multiple Choice

What is the reliability of a product with a failure rate of 0.001 per operating hour and a useful life of 1500 hours?

• A) 0.14
• B) 0.22
• C) 0.50
• D) 0.78
• E) 0.86

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activity, such as rent and salaries.

Traceable Fixed Expense

Fixed expenses that can be directly linked to a specific department, project, or segment within a company.

Net Operating Income

A calculation of a firm's profit, determined by deducting operational costs from the income gained through business activities.

Nearest Whole Number

A round-off method where decimal values are rounded to the closest integer.