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Mars Industries assembles industrial machines using four components in series.Customers who purchases these machines require a reliability of 0.95.In order to achieve a reliability of 0.95,what should be the individual reliability of the individual components?
Generally Accepted Accounting Principles
A framework of accounting standards, principles, and procedures that companies follow to compile their financial statements.
Economic Events
Any occurrences or transactions that affect the financial position of a company, including sales, purchases, and investments.
Income Tax Regulations
The rules and laws that govern how income taxes are calculated, collected, and enforced by the tax authorities.
Owner Withdraws
Transactions where business owners take funds or assets out of the business for personal use, also known as drawings.
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