When Estimating and Calculating the Reliability of a Given System

question 46

True/False

When estimating and calculating the reliability of a given system, experts quantify the reliability of the technology involved and divide that number by the reliability of the human using the technology.

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Definitions:

Parts Replacement

The process of substituting a damaged or worn-out component of a machine or system with a new one to ensure functionality.

Reorder Point

Reorder Point is the inventory level at which new stock should be ordered to avoid running out, determined by usage rates and delivery times.

Cards

Small, typically rectangular pieces of plastic or thick paper that contain information and can be used for various purposes, including transactions, identification, or gaming.

Serial Number

A unique identifier assigned sequentially or randomly to an item for identification and inventory tracking purposes.