Consider a Product with Three Components in Series,with Reliabilities of 0.90,0.80,and

question 6

Multiple Choice

Consider a product with three components in series,with reliabilities of 0.90,0.80,and 0.99 for components A,B,and C,respectively.Furthermore,component B uses a backup that also has a reliability of 0.80.What is the reliability of the system?

• A)0.50000
• B)0.71280
• C)0.80000
• D)0.85536
• E)3.49000

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Definitions:

Complements

Goods or services that are often used together such that an increase in demand for one leads to an increase in demand for the other.

Equilibrium Price

The cost at which consumer demand for a product matches the amount manufacturers are willing to supply.

Equilibrium Quantity

The volume of commodities or services provided and required at the price where supply equals demand.

Technology Improvements

Enhancements and advancements in various technological fields that lead to better efficiency, productivity, or utility.