As a Design Engineer You Need to Obtain 99

question 64

Essay

As a design engineer you need to obtain 99.9% reliability. The first part has a reliability factor of 99.99%. What level of reliability does the series part require to achieve 99.9% overall reliability?

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Definitions:

Rate Of Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's cost.

Scheduled Payments

Scheduled payments are pre-determined amounts of money that are paid at regular intervals, often as part of a loan or mortgage repayment plan.

Conditional Sale Contracts

Conditional sale contracts are agreements where the sale of an asset or property is contingent upon certain conditions being met, often related to financing or inspection approvals.

Credit Sales

Transactions where goods or services are sold and payment is delayed, often creating accounts receivable.