A Laser Printer Is Able to Operate 400 Hours Between

question 3

Multiple Choice

A laser printer is able to operate 400 hours between two repairs,and the mean time to repair the printer is 4 hours.Compute and indicate the availability of the printer.

• A)0.99
• B)0.96
• C)0.98
• D)0.97

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Definitions:

Product Development

The process of bringing a new product to the market, including ideation, design, creation, and marketing.

Start-Up Costs

The initial expenses incurred during the process of establishing a business, including research, borrowing costs, licensing, and initial marketing.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, leading to a decrease in per unit cost with an increase in production.