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HTML Is an Application of a Document Markup Language Called

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HTML is an application of a document markup language called Standard Generalized Markup Language (SGML).

Understand the concept of product reliability and its determinants.
Calculate Failure Rate (FR), Failure Rate Normalized (FR(N)), and Mean Time Between Failures (MTBF).
Explain the impact of preventive maintenance on reliability and maintenance management.
Define and calculate the reliability of a system composed of multiple components.

Definitions:

Operations

The day-to-day activities involved in running a business, such as production, sales, and administration.

Residual Value

The estimated value that an asset will have at the end of its useful life, after depreciation has been deducted.

Useful Life

The estimated duration a fixed asset is expected to be economically useful to an organization, beyond which it may be depreciated or disposed of.

Average Rate of Return

A financial ratio that measures the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

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